Comment Re:its illegal (Score 1) 574
i find it hard to believe so many of you think this is fair or legal or acceptable on any moral, legal, or philosophical basis
Since you seem to not be reading what anyone says, this is the last reply I will make.
I find all sorts of business practices immoral and unacceptable... however no government anyway has passed a law against them.
Being philosophically evil is a standard business practice, and some (such as myself) might argue that capitalism as it exists rewards such evil. But the fact that something is clearly WRONG does not make it ILLEGAL.
Take your hypothetical flour example, there are no Anti-competitive practices described:
He has not colluded with competitors.
He is not preventing entry of anyone into the market.
His supplier is not contractually bound to deal only with him (or even with him at all).
He is doing the opposite of dumping.
His current position seems like a monopoly, but the presence of monopolistic circumstance is not illegal (particularly in short term situations); what is illegal is preventing competition from occurring.
and further more he is not even a monopoly.... Why?
Which governmental body has jurisdiction?
The Country or State? The $5 reseller is not the only person to sell flour within their jurisdiction so he is not engaged in a monopoly.
You have a lot of anger and frustration... this is good.
But only if you do something with it; and it has to be the right thing. Yelling "That's illegal" when something is not illegal is not the right thing.
Either work towards changing "legal" to be more representative of "fair", or educate others.
Before you can do any of this you must educate yourself.