[emodendroket]

Do you feel I've unfairly presented someone's position? I don't agree with it but I think I have presented their case reasonably. Unless your objection was to my claim that they are "ardent defenders of the free market," but I think that is a reasonable characterization of the Adam Smith tie types.

[mseebach]

You've misrepresented the conflict as being one-sided, when it's not. There's a real difference of opinion and analysis, and plenty of "ardency" on both sides.

[emodendroket]

On one side you have people who believe that predatory pricing is an issue and likely also that government regulation is needed to prevent it. On another you have people who believe that markets are so efficient that predatory pricing cannot happen. What do you think I'm missing here? Can you be any more specific than just vaguely saying I'm missing some nuance?

[mseebach]

You only said half of that. That was what you were missing.

[emodendroket]

I figured the reader could easily infer that there was a different group of people who did believe in predatory pricing.

[mseebach]

Yes, and that this group wasn't ardent.

[emodendroket]

I meant to contrast "ardent free market defenders," i.e., people in the libertarian end of the spectrum, with those concerned about predatory pricing, many of whom would not consider themselves opponents of the free market. "Ardent" is not, in the first place, pejorative.