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Originally Posted by kane
Sorry, you are just wrong here. Nike is a brand of shoe. No they shouldn't be given the sole right to sell a running shoe however, Nike decides how much they want to charge for their shoes and where they want to sell them. If you don't like the price you buy a different brand or shop at a different store. Guess what. Nike uses the market competition to determine what that price will be. They know if they charge $500 per pair they aren't going to sell many shoes, but there is no law stopping them from charging that if they want.
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exactly m=nike uses market competition to determine price BECAUSE they don't have the sole right to sell running shoes.
they know they can't charge $500 for running shoes because they are competitors who sell the exact same product type (running shoes)
it not like they have the right to claim, it ok we charge $500 for sneakers if you don't like it wear run in army boots.
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The same goes for a movies. If you aren't willing to pay $10 at a theater to watch Thor this weekend, you can still choose to watch a movie. You are not entitled to watch Thor. there is nothing in the Bill of Rights that says you have an inalienable right to watch Thor this weekend. Nobody is saying you can't watch a movie. But if you want to watch Thor you have to be willing to pay the price of the ticket and go to where the movie is being show. Just like if you want to buy Nike shoes. You have to be willing to pay the price Nike is charging and go to where they are being sold.
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and there we go again demanding special rights
does a brick layer get to decide how and when you use the house you bought
it only the special monopoly control that gives you that right
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The movie studios and theaters use market competition to set their prices. They know if they charge $40 per ticket they will sell very few tickets. Why? Because there are many other options out there. There is COMPETITION. If they want $40 per ticket for Thor most people would stay home and watch something else and just wait for it to come out of DVD and rent it for $4. So they put their price at a point they know people will be willing pay. The determine this by deciding what they can charge before people will no longer see the value in their product and will turn to their competition.
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see run in army boots example
like i said any monopoly can make up competition by counting tangent substitutes.
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Ask any movie or TV executive in the world who their competition is and they will give you a long list. Other movies, TV shows, sporting events, cell phones, the internet, video games etc.
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again see running in army boots example