Sun May 23 01:11:29 CDT 2010
Boris Liberman wrote:

> On 5/23/2010 1:57 AM, P. J. Alling wrote:
> > No corporation that consistently cheats it's customers will survive. To
> > do that you need a gun and the unrestricted will to use it. Otherwise
> > customers will flee to another haven. Free markets are free, and the
> > worst offenses happen in the markets that are most controlled.
> 
> Peter, I can give you a number of counter examples in my country.

Boris, - one doesn't need to go across the ocean: 
Most PDMLers know a bunch of NYC-based "photo stores" that range
from "bait-n-switch" to "charge-n-send-nothing-or-crap" scammers.
Those have existed (or had existed) for many years.

Some of them are located in mid-Manhattan, some in Brooklyn.
(One can easily spot them here based on reviews:
http://photo.net/neighbor/subcategory-index?id=2 )
Resellerratings.com is yet another good source for finding long-living
resellers with consistantly bad reviews.

Peter:
In a large enough market, - the influx of fools feeding crooks is 
large enough (practically infinite) to support long term "stagnation"
of the latter.

(Besides, - strictly speaking, - there are no "free markets". -
Practically all "free" markets are regulated to some degree,
as truly free markets are not sustainable long term. - But
that's a subject for a separate and pointless - within PDML - discussion.)

Igor


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