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A comment on FTC Restores Rigorous Enforcement of Law Banning Unfair Methods of Competition. Parent comment

Re:FTC Restores Rigorous Enforcement of Law Banning Unfair M... by danaris on Thursday November 10, 2022 @10:10PM (#33556891)
Even if they did, it would be idealized free markets that did that.

Not the very much non-ideal, largely non-free markets we have, rife as they are with information asymmetry, non-commodity products, buyers with urgent time needs, and a host of other aspects that utterly invalidate the Free Market Will Solve Everything gospel that so many try to preach.

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Re:FTC Restores Rigorous Enforcement of Law Banning Unfair M... by danielmarkbruce on Friday November 11, 2022 @01:35PM (#33564785)
The argument isn't that the free market will solve everything. It's that there isn't a better solution. It's a lower bar.
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Re:FTC Restores Rigorous Enforcement of Law Banning Unfair M... by danaris on Friday November 11, 2022 @03:19PM (#33566261)
Well, that's trivially falsifiable.

A competently regulated market is better than a "free" (ie, unregulated) market in nearly all situations.

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Re:FTC Restores Rigorous Enforcement of Law Banning Unfair M... by danielmarkbruce on Friday November 11, 2022 @06:32PM (#33568224)
On what planet does one falsify a claim by simply making the opposite claim?
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