The real solution is eliminating subsidies. Let the market sort it all out. All price controls result in market distortions.
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The real solution is eliminating subsidies. Let the market sort it all out. All price controls result in market distortions.
True, but occasionally a distortion in the consumer's favor is called for....or necessary for the enforcement of contract, like we need to do with US cable companies.
If US cable companies would not be granted virtual monopolies, that would not be necessary.