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Old September 15th, 2004, 04:03 PM

Phoenix-D Phoenix-D is offline
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Default Re: US: Stop Congress from making iPod or VCRs ill

Quote:
Gandalf Parker said:
Quote:
magnate said:
about games companies.) They don't charge what they think is a fair price for a CD, they charge "what the market will bear",
Well "what the market will bear" is often referred to as commerce. Supply and Demand. Thats not quite the same as "obscene profits"..(snip)
Gandalf Parker
OTOH, the music industry *did* get convicted of price fixing recently. Parts of supply and demand only work if you have competition in the supply area. Monopolies and price fixing remove that part of the system.
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