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this post was submitted on 21 Sep 2023
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This is actually a very good point. I'm not sure that I have a solution for it at the moment. The lazy argument would be that information eventually leaks out, but that is not, in the slightest, a guarantee. I will have to think on that.
This outlines the need for a competitive free market. If a business is making an undesirable decision, then the consumer would have other options to choose from, or a competitor without those practices would enter the market to scoop up those who are disillusioned.
The wilful direct elimination of competition is anti-competitive behavior, and is, therefore, incompatible with a competitive free market, and should thus be prohibited.