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by dreamdu5t
4328 days ago
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I'm familiar with anti-trust theory. The idea of collusion reducing competition is fallacious because market competition is not a quantity, but a process by which goods and services are exchanged. Price fixing and hiring agreements do not involve force, fraud, or misrepresentation- yet the regulation or prohibition thereof directly violates the property rights of the market participants. I've read the Wikipedia entry you've linked to in its entirety, so I kindly ask that you will read this one: https://mises.org/daily/4397 |
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