Comment by nickpp
5 years ago
All that is illegal behavior. Markets require the rule of law too and nobody is disputing the role of governments to implement and uphold the law.
5 years ago
All that is illegal behavior. Markets require the rule of law too and nobody is disputing the role of governments to implement and uphold the law.
Moreover, none of those things were always illegal. There was a time where it was not obvious that they should be illegal. Yet, despite the relatively laisez faire economics of the 19th century (in the UK at least), these behaviours were not simply self-regulated away. That required government intervention in the form of passing laws and ensuring that the law was followed.
Price fixing is also illegal behaviour, but my impression is that you're more relaxed about that?