Post
Topic
Board Economics
Re: How to reduce the price of goods
by
emulsifryer
on 21/09/2023, 14:25:32 UTC
How can one person be the sole major distributor, government should welcome competition in the business sector, every business person should be allowed to produce.

Competition between businesses always benefits consumers, specifically the people, but the problem is that some products are produced and distributed exclusively, but the government never speaks up or intervenes. That is also happening in my country and I suspect that there are group interests behind it, and the people who benefit from it are most likely the government members or the government itself is behind it all. I see this situation happening in more third world countries because most do not have anti-monopoly laws like other developed countries.
It is what it is business is always a business only those people that wants to manipulate the market can actually gain profit and people who supplied them didn't realize their loss well maybe they have their own reasons but government won't actually intervenes on it since they can also benefits to it.