EU voted to end Geo Blocking!!

[DonFerrari]

Nem said:

DonFerrari said:

 

As I said before, your city is also a single one, still it's possible to go to 2 different stores of the same owner and see different prices... you know why? Because the cost to deliver the product in one place is different than the other and also the demand elasticity curve is different as well.

To mandate that companies practice a single price europe wide will make it that some places that got it lower will pay more and perhaps some places that paid more to pay less... there is very little reason to believe they would practice the lowest price available to all regions under new legislation.

I know it is talking exclusively about EU, ONU or any other supranational organization thank god still doesn't have supreme sovereign over the whole globe.

Well... yeah, that is why we are a union. That is the point. To have a unified single market. That market rivals the other big markets. You will still have choices if you so wish. It's not like every country is in the EU.

It's maybe difficult for you to see the advantages because you don't live in a landmass that has loads of small and mid sized countries where people can move freely between them. But to us, it is definitely beneficial. It's a quality of life improvement.

I didn't say there is no benefit to EU or having a bigger market. I said there is no point for all government intervention on economy.