Your argument though is based on price fixing which is illegal
So regulations are okay when they help your position? I thought that this free market was supposed to be self regulating and self sustained?
In a truly free market, price fixing would be far preferable to suppliers than equilibrium. Equilibrium is great for consumers, not so much the sellers.
Only with inelastic products. Internet is elastic
Almost everyone wants the internet and will pay whatever they have to
So you agree that they should be able to charge whatever people are willing to pay?
People would pay an arm and a leg for electricity if they had to. They'd pay an arm and a leg for access to clean drinkable water.
Do you think it would be okay if in America those industries were monopolized, and allowed to charge absurd prices because it's a necessity? While also prioritizing people who pay more.
Or how about if every pharmaceutical company Martin Shkreli'd every drug and treatment on the market for life threatening conditions because they know people will pay whatever they have to in order to survive?
I mean, free market, am I right?
Your argument isn't about free market. There are no free market electricity. There is no free market water. And most drugs are patented which means no free market. With no free market and an inelastic demand, of course prices sky rocket.
If you want free market, look at something actually free market like cereal
I know those things aren't free market. I'm asking if they should be. If regulation is bad, and free market always works out, do you think those things should be deregulated and allowed to run freely.
If so then just lol. If not then why don't you support something like the internet, which has become essential in the modern age, being treated as such? Not to mention you could argue that the internet has become a market of it's own and that everyone should have equal, neutral access to that market to run freely... ---
"You need to lay off the peanut-butthurt and u-jelly sandwiches" - Neon Octopus