“This was actually an attempt by publishers to regain control over their e-book pricing from retailers, and ended when publishers signed consent decrees with the government. This should be the end of the story but instead the government now wants to appoint a monitor who will review all Apple pricing for the next ten years. No economy can thrive without an honest and unmanipulated price system, as the Soviet Union demonstrated so vividly by collapsing. Yet we are at a moment in which our government wants to control more and more prices throughout the economy, now even wanting to control a leading technology company’s prices for a decade.”

http://bastiat.mises.org/2013/08/government-proposes-in-effect-to-put-itself-in-charge-of-apple-pricing/

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