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re: U.S. Airlines collected $6B in baggage and reservation change fees last year
Posted on 5/15/13 at 1:46 pm to LSUAfro
Posted on 5/15/13 at 1:46 pm to LSUAfro
That's not what I am saying. I am merely pointing out it is not a true free market when it comes to those entities. Someone cannot merely decide to start a business like one of these.
Competition is what drives our free market system and if there is no competition they are going to charge whatever they feel like.
The gov't does this all time. Do you think gas stations should be able to increase the price of gas before a hurricane? There are laws against price gouging... I don't see any difference between the two.
The consumer is not the one who is hit with the charges in this field... the merchant is.
Competition is what drives our free market system and if there is no competition they are going to charge whatever they feel like.
The gov't does this all time. Do you think gas stations should be able to increase the price of gas before a hurricane? There are laws against price gouging... I don't see any difference between the two.
quote:
You don't want a CC
The consumer is not the one who is hit with the charges in this field... the merchant is.
This post was edited on 5/15/13 at 1:47 pm
2
Posted on 5/15/13 at 1:54 pm to BACONisMEATcandy
quote:High barriers to entry doesn't mean it's not a free market. There is competition and anybody with the money can enter the party freely just as Google is now entering the cable/data provider market.
I am merely pointing out it is not a true free market when it comes to those entities.
Competition is what drives our free market system and if there is no competition they are going to charge whatever they feel like.
quote:In the midst of panic and disaster for the well being of a community, the government probably should intervene, and they do. There is a definite distinction between the two.
The gov't does this all time. Do you think gas stations should be able to increase the price of gas before a hurricane? There are laws against price gouging... I don't see any difference between the two.
quote:I agree they suck, but the merchant doesn't have to take them and I know many merchants who don't and I don't blame them.
The consumer is not the one who is hit with the charges in this field... the merchant is.
This post was edited on 5/15/13 at 1:56 pm
Posted on 5/15/13 at 6:57 pm to BACONisMEATcandy
quote:
The consumer is not the one who is hit with the charges in this field... the merchant is
Which means both the consumer and the merchant are.
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