True, the Tea Act reduced the “price of tea” . . . in theory.
But heightened crackdown on smugglers that accompanied the law meant that ordinary American colonists would pay far more.
Here is a comparable scenario:
You have a freeway where the speed limit is 65, but everyone drives 72 or 73. Gov enacts a law that raises the speed limit to 70, but promises 1 year in jail mandatory for anyone going so much as a mile over. REAL speeds fall to 67 or 68. The threat of the law altered the real behavior of colonists, causing them harms.
Crony Capitalism - government sponsored company, invested in and controlled by all the elites in the distant capital, is given a preferential tax rebate and monopoly over business in your area through government edict.
My first thought was “electric vehicles” in USA Today
Of course the colonists saw it as a plot to get them to pay taxes levied by Parliament. The law was designed to rescue the East India Company—which had a lot more clout in Parliament than the colonists did.