I will submit that this happens all the time. I only have 2 options on Internet Providers. Well 3 if you count that fact that I could choose to do with out. Only have 3 options on cable companies. It's amazing that no matter who I choose the price runs about the same for said services. IMO that is because the market dictates not necessarily because of collusion. If Comcast drops their price on internet service the rest of the companies will follow with their own rewards otherwise they will lose out in the business.
It's moreso the tight regulation by the FCC than market competition. Utilities are not necessarily operating in a free market.
Price Gouging is usually done in times of extreme need (ie Hurricanes, Natural Disasters) and should be illegal, are you saying it shouldn't be?
Not at all. I'm just dispelling this myth that anyone is free to set their product/service pricing at any point they wish. These are simple counterpoints to knock down that fallacy.
I will also submit that what I do on the side is 100% "free market" I choose to price my websites whatever I want to. I can also choose not to take a job or not.
Generally, yes. But to ignore that you operate in a larger market that is subject to the FTC's regulations (among others), even if they don't touch you (because you aren't, presumably, engaging in any prohibited activities) is disingenuous. It's like suggesting that, just because you're a cautious driver who pegs it at 55 (no Hagar) on the interstate, you can drive any speed you want.
I honestly don't get what you are arguing Wes because on one side you want more Government involvement for Healthcare but then you say there is no "free market" due to Government Regulation?!?
I'm merely suggesting that the "free market" isn't as free as some seem to think.