Message from @LPR
Discord ID: 547512301960429599
I'm not kidding, counterfeit mattresses.
wtf do you gain out of that
but yeah thats completely different.
A lot of money!
mattresses?
Yes haha
They create really cheep, low cost to make mattresses and then market them as name brands.
I mean yeah thats not exactly "not safe"
nor is it worth investigating
What I was saying earlier
I'm pretty sure their suppliers is based somewhere in south America because the owner was... well not Mexican but from somewhere down there.
have you guys heard of Herbert Dow?
Heres a story
I have not.
**"**Herbert Dow invented a more efficient process to separate bromine and sold it to other firms, which made it into sedatives and photographic supplies. Dow and other Americans sold bromine inside the U. S. for 36 cents.
Internationally, a powerful German cartel, Die Deutsche Bromkonvention, had been the dominant supplier of bromine since it first was mass-marketed in the mid-1800s. This cartel fixed the world price for bromine at a lucrative 49 cents a pound. Customers either paid the 49 cents or they went without. The Bromkonvention made it clear that if the Americans tried to sell elsewhere, the Germans would flood the American market with cheap bromine and drive them out of business.
By 1904, Dow was ready to break the unwritten rules and decided to sell in Europe. He easily beat the cartel’s 49 cent price and sold America’s first bromine in England. Before long, the Bromkonvention poured bromine into America at 15 cents a pound, well below its fixed price of 49 cents, and also below Dow’s 36 cent price.
Dow worked out a daring strategy. He had his agent in New York discreetly buy hundreds of thousands of pounds of German bromine at the cartel’s 15 cent price. Then Dow repackaged the German product and sold it in Europe—including Germany!—at 27 cents a pound. "When this 15-cent price was made over here," Dow said, "instead of meeting it, we pulled out of the American market altogether and used all our production to supply the foreign demand. This, as we afterward learned, was not what they anticipated we would do."
The confused Germans kept cutting U. S. prices—first to 12 cents and then to 10.5 cents a pound. Dow meanwhile kept buying the stuff and reselling it in Europe for 27 cents. Even when the Bromkonvention finally caught on to what Dow was doing, it wasn’t sure how to respond. As Dow said, "We are absolute dictators of the situation." He also wrote, "One result of this fight has been to give us a standing all over the world . . . . We are in a much stronger position than we ever were . . . ."
When Dow broke the German monopoly, all users of bromine around the world could celebrate. They now had lower prices and more companies to buy from. This victory propelled the remarkable Dow to challenge the German dye trust, and, after that, the German magnesium trust. His successes in these industries again lowered prices and helped liberate the American chemical industry from its European stranglehold.**"**
I mean I’m all for competition in most markets
I know what you mean by "high barriers still remaining", but in the real world this wouldn't happen. The moment it's de-regulated, companies will see a gap in the market and spring in to make a profit. Selling a cheaper drug of the exact same quality will result in big gains. Big companies may try do things as you said, bribing pharamacies, but that only goes on so far.
Theres many other ways to get a drug like this.
I just think the business of making money off of people’s health is fundamentally wrong
Yeah but there's a really simple way around that, for big companies to sell at the lowest possible money to still turn a profit.
Why?
Better quality, efficency
Making money is not bad
I don't know why people think it like this, it ends up good for the consumer and producer
In a free market that is.
@LPR helps the consumer
then.
Yeah but they pretty much already do that.
They don't, they have monopoly prices
You have no idea if it ends up good in a free market because according to you that has never existed
as a result of patenting, regulatoon
I mean wahx, economic theory I guess
Besides, having too open of a market could lead to an epidemic if say... terrorists wanted to poison a population by selling cheap "Aspirin"
as free of a market as you can get, the better results.
People would realise LPR
Not before an epidemic had occurred.
It’s a theory, it’s never been seen
So I just don’t give it much credence tbh
I mean I'm currently referring to a competitive market
which would be as a result of very limited regulations