
“The U.S. isn’t exactly a ‘free market’, with outright bribery — condoned by the U.S. judicial system — or collusive public-private cartels leading to some products and services being banned from the market. Just ask Tesla Motors Inc. (TSLA) whose electric vehicles have been banned from sale in many states. That debacle arose due to the fact that Tesla has no dealerships and fearful dealership lobbyists banded together to pay off state politicians to ban direct auto sales. Now the same principle is being applied to stymie the emergency of another set of companies in the transportation sector — cloud-driven ride-sharing services.”
Related posts:
How Silicon Valley workers are revolting against ICE overreach
How California’s Online Education Pilot Will End College As We Know It
What Bernanke Money Buys You In New York City
Man Faces Charges After Defending Himself from a Bear in His Own Yard
Terror Attacks And Terror Drills: A Series Of Strange Coincidences
“Butt Out,” 60% of 18 to 34-Year Olds Tell Federal Government
Fandango, Credit Karma exposed millions of smartphone users’ data
Democrats may sell political opinions to credit card companies
Russian Police arrests Libertarians during Adam Smith forum
US Mint’s Sales of Gold Coins Soar After Futures Prices Plunge
California Senate Says No To NDAA
Jeffrey Tucker: Must Government Have the Power to Quarantine?
Fed Has Bought More U.S. Gov’t Debt This Year Than Treasury Has Issued
Israeli Bitcoin Company Opens First Vietnamese Bitcoin Exchange
Group warns military: Prepare now for risks of ‘mutant soldier’ future