Question

August 29, 2015 | MosesKnows

[MosesKnows]

Question

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I am pondering the pros and cons of competition.

[MosesKnows]

Why do we fear monopolies and cartels?

[Engraved-on-His-hands]

I’m thinking about starting a rival thread.

[Leaning Right]

One (hyphenated) word: price-fixing

[BenLurkin]

Do we?

[SERKIT]

Competition is good. It allows people to compete. Why wouldn’t you want competition?

[Zeneta]

You FEAR what you don’t understand.

You fear people that are smarter than you and invent any number of conspiracies in order to justify your sad state.

[Kirkwood]

First tell us your opinion and why you think that. maybe there is nothing to discuss.

[al baby]

You get no participation Trophy for this thread

[sparklite2]

How did you like AT&T before it was broken up?
Were you happily using the same phone for thirty years,
never actually owing it?

How do you like dairy farmers being micro-managed so as to keep production low and prices high?

How did you like the planned-obsolescence junky cars you got from the Big Three before the invasion of foreign cars?

How do you like paying four times the world market price for sugar?

[Liberty Valance]

Question

[sportutegrl]

When government is the provider, there is no competition. Then we have a product so poorly made that people refuse to use it, even though it is “free”. By “free”, I mean that you are forced to pay for it even though you do not need or want it, as with all Government products, so yeah, there is no incentive to improve the product. If cable tv wasn’t a monopoly, at least one provider would be offering channels ala carte.

[DesertRhino]

The only possible alternative is that someone chooses for you. Who do you propose should make those tough choices for you?

For bonus points, how does absence of competition occur without government protecting the favored business?

[gorush]

"Why do we fear monopolies and cartels?"

Monopolies and cartels don't permit competition and they therefore have no incentive to keep prices low.

[corlorde]

Naw, no need to fear just remember what the greatest mind of all time once said, “From each according to his ability, to each according to his need”

Competition is an offshoot of capitalism = the problem. /sarc

[Uncle Miltie]

Hey! I’m in charge here. Anybody wants anything has to go through me.

[Darth Reardon]

Hey! I’m in charge here. Anybody wants anything has to go through me.

Yeah, well I can do the job more efficiently, and I'm willing to accept a bit less profit for myself. They can go through me for 3% less than what you're charging.

[NoCmpromiz]

starting a rival thread.

[MeshugeMikey]

I’d be willling to do the first competitive thread for FREE....

[Rastus]

The definitive answer can be found in this thread.

[Rusty0604]

LOL