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Old 16-03-2012, 20:54   #169
OLD BOY
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Re: sky movies (excess profits)

Quote:
Originally Posted by Itshim View Post
Back to title. In my opinion there is NO such thing as excess profit.
Unless you are a monopoly & in the UK water companies are the only one I can think of. As I see TV license as a TAX however its dressed up.
You don`t want to pay for SKY movies then don`t .EASY
As far as profits are concerned, I am inclined to agree when there is a free market, because if others are so good at it, they will come in and provide the competition at a lower price.

Unfortunately, that theory doesn't work with monopolies and monopolistic practices. It makes you wonder what the Competition Commission is for - they don't seem to be making much of an impression on dear old Mr Murdoch.
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