Quote:
Originally Posted by gideongallery
your complaining about a sense of entitlement when your the one trying to defend monopoly profits.
that rich
the senerio your trying to defend is nike being allowed to charge $500 because they have the exclusive right to sell running shoes, because you can run in army boots and that adequate competition.
there is no payless in your senerio.
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Actually that is not what he said at all. This is your problem. You read something and it goes through your bullshit filter so when you actually comprehend it you have no idea what is being said.
He said, and I quote:
"If Nike charged $500 for their shoes, there would still be people that pay that amount. The ones that can't afford don't have the right to own them. There's always Payless shoes."
This means that if Nike charged $500 for their shoes, there would likely still be some people who would buy them. However, those who couldn't afford them would not have the right to own them and they would have to buy a different shoe from a store like Payless Shoes.
He says nothing about Nike being the only one who gets to sell running shoes. He simply said Nike as a brand deciding to charge $500 per pair, there would be other running shoes out there, they just wouldn't be Nike.