this post was submitted on 15 Dec 2023
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I'm sure you also believe "the market will self-regulate" despite near-daily evidence that without stronger regulation it's a race to the bottom.
Truth is denied those who seek it with both eyes shut.
Actually, quite the opposite.
I believe that in general the economy should be left free, but not in cases of extreme recession or inflation (ex. Right now). In fact, that's basically one of the three reasons the federal government was established; to establish a common currency and economy, to regulate mail, and to solve disputes between states.
That being said, a private company should be able to run their business how they want to run it without being told off by a government.
Edit: Clarified wording.
But why? Do you really think it's good for service providers to screw their customers around with things like cancellation fees? Market forced have clearly failed to prevent that particular kind of fuckery.