[net.followup] free competition

burt (09/23/82)

Quote from Roger Hayes submission:

	The problem with the libertarian view (free competition)
	is that businesses don't like competition.  They like to
	make money.  Therefore you need an arbitrator (read government)
	to ensure that you get anything like competition happening.  

If I remember my elementary economics, businesses don't \have/ to
like competition.  Competitors like to make money, too; if they think
they can make some money, they will compete.

			Burton Patkau
			utcsrgv!burt