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Old 30-09-2021, 21:45   #73
jfman
Architect of Ideas
 
Join Date: Dec 2004
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Re: Energy companies collapse

Quote:
Originally Posted by Pierre View Post
Well, it’s not ideal but it could just be one price with no recourse or options at all.

If you’re happy with that proposition, then why not just have one price for every commodity?

Forget brands, just tins with white labels that simply say “soup” on them, no need for Heinz, Baxter’s or Batchelors or Tesco’s own.

Let’s just have make and model of car………and call it a Lada for old times sake.

Choice is overrated, we just need one of everything, that’ll be much simpler.

Drink vodka, be happy.
Because some products are genuinely best to the free market. But there has to be attributes of an actually free market with a large number of suppliers and genuine choice throughout the supply chains. Low barriers to entry for new suppliers and little consequences if one fails.

The same isn’t true of the energy market and they’re all relying on the taxpayer to underwrite failure. Unlike a distillery making a diverse range of Vodka brands.
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