Quote:
Originally Posted by Mr. Pockets
Greed alone wouldn't explain why competition between producers wouldn't at least lead to at least halfway reasonable prices.
|
Quote:
Originally Posted by Travis Hoffman
Collusion.
|
No collusion needed. The monopoly power of a patent quashes competition. Not that that's a bad thing, if it means that entrepreneureal folks keep inventing good things because they have the promise of a payback. I think that's Dean's main point. Without a reward, there is little incentive to work hard at creating something.