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Re:California bans private prisons by rienbdj on Friday September 13, 2019 @02:46AM (#20959787)
the provider is still not free to wait out the buyer in a competitive market because another provider can swoop in and make the deal.

in you price gouging example prices are high because demand is so much higher than supply, but goods still change hands.

again, this is all in theory

Re:California bans private prisons by arcticbull on Friday September 13, 2019 @03:21AM (#20959926)
Sure I get the theory and I actually buy into it. However I’ve been on this earth long enough to know that theory doesn’t match reality a lot of the time and that’s when then the government should step in and right the scales.