Re:FTC acts against private equity firm’s acquisition of vet...
by shkkmo on Monday June 13, 2022 @02:47PM
(#31729824)
Markets can work fine with inelastic demand if there is adequate information, freedom of choice and proper regulations.
[ Parent
| on HN ]
Re:FTC acts against private equity firm’s acquisition of vet...
by WaxProlix on Monday June 13, 2022 @03:07PM
(#31730147)
More like, could than can as far as I can see. Markets kick ass under certain circumstances, but in some areas it's almost impossibly hard to achieve those circumstances.
Re:FTC acts against private equity firm’s acquisition of vet...
by shkkmo on Monday June 13, 2022 @03:15PM
(#31730278)
My point is that I don't think the inelasticity of demand is why the healthcare markets work so poorly.
Re:FTC acts against private equity firm’s acquisition of vet...
by adgjlsfhk1 on Monday June 13, 2022 @04:08PM
(#31731087)
the problem is that some markets inherently can't have adequate information because the customers by nature of being customers don't have time to shop around.