Quote:
Originally Posted by Iphinome
Hmm I think the word you're looking for is capitalism. Though personally I prefer free enterprise and and a reasonably free market to pure capitalism. I suppose I just don't like monopolies.
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As I say ... it's not a slam dunk -- the details will matter.
I'm strongly in favour of capitalism ... where markets are free. The very public behaviour of Apple in the "change of rules" does not smack of a "free market" ... and that's the problem. Amazon was insisting it have the right to set its own price to the consumer -- up to and including taking a loss per sale. Apple's agency model effectively dictates the price the consumer pays across all vendors which can be interpreted without much of a leap as price fixing.