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Reply #57: "freedom from unfair competition and domination by monopolies" [View All]

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Trillo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-28-09 02:01 PM
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57. "freedom from unfair competition and domination by monopolies"
The fact that I can't even imagine that as a possibility suggests to me how far down the rabbit hole we've gone.

The language would also need to include the word "oligopoly".

Is there even such a thing as "fair" competition, and if so, what is that?

Let's say two businesses are in competition with each other, neither are oligopolies, but one is much larger than the other, so one can afford abundant advertising, but the other can only afford word of mouth advertising, is that "fair" to the smaller biz? So the larger one gets more business, whereas the smaller one may do better quality work, which also takes more time, but due to volume, cannot increases prices beyond that which the larger business charges for the service or product. The smaller biz would like to advertise, but cannot get a "volume discount" on it, that the larger biz can, so when they do buy some, it's on a back page somewhere, and the only response they get is a troll response (perhaps a biz competitor wanting to know what their prices are) that of course doesn't result in making a dime. Is this fair?

I guess I just don't know what fair is anymore. Far, far down the rabbit hole.
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