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>This is how greed works. The players want as much money as they can get. The owners want to charge as much as they can for everything while paying the least possible amount. The networks that buy the broadcasting and other rights want to most they can charge for them.

And the buyer wants to pay as little as they possibly can. That's not greed. That's called a market and it's functioning as it should.



There is only a market if there is a commodity.

La Liga is not a commodity as I can not equally make a La Liga.

This is the basis for antitrust regulations.

So no, there is not market. And as such there is no markets that functions as it should.


Absolutely incorrect. A market is just any structure, place, or mechanism that allows buyers and sellers to exchange goods, services, information, or assets. There can be one seller and many buyers, one buyer and many sellers, or anything in between.


If I go to your stall and coercively take a product you want 1000 tokens for, but only leave 10 tokens. Then it is still a market? It certainly fits the definition you present.

Inwould argue that price discovery is a bit part of a market. Again, these things are already codified. Eg. Wash trades, insider trading, etc.


If it were a true market, the price would be much lower because it wouldn't be a monopoly.


A market is not defined by how many sellers there are.


If you want the market to "function as it should", then yes, the number of sellers plays a big role in a properly functioning market. Thats why we have regulations in additional to the invisible hand.


Markets don't make sense for non-fungible products.




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