Re:Thank Spotify: people who pirate music has dropped by 25%...
by cabalamat on Wednesday September 28, 2011 @11:15AM
(#3048238)
> using whatever definition of "undistorted" you like
My definition includes the absence of violence, threats of violence, or dishonesty.
If the only reason people aren't using BitTorrent downloads is threats of violence (which is what threats of internet disconnection are, albeit at several levels removed), then it isn't a free/undistorted market.
Correct pricing, in an economic sense, is that which an undistorted market will bear, using whatever definition of "undistorted" you like. It's that simple.