Re: A/C in Action: The AP Case
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The reason for my starting this thread was that a real life example of market regulating itself has proven to be completely inadequate relative to the facts revealed.
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One market that has out of whack consumer preferences because the majority of the players are irrational and gamble to feed their irrational needs. Hardly an example that can be generalized to all markets. There are tons of examples of real consumer markets where one company tries to reduce the value of the product and a more efficient and innovative competitor comes in and gains massive market share.
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If you are not making any of the assertions above that phil addressed,
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I addressed them and I've asked several times for actual numbers. How can we talk about the effects of this scandal if nobody is willing to make a bb/100 calculation. We are trying to determine the decrease in the quality of the product and yet none of you have come forward with any empirical evidence.
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I would like to see consequences imposed on those involved in the AP fraud so I don't have to whine the rest of my life about poker sites cheating their customers.
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Online poker is already illegal and yet people continue to play. How is any government going to regulate this market?
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I'm not trying to make your head explode, or anything. I would just like to know why this situation is acceptable in ACland and why it would be any better.
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If you are interested in moving this discussion forward you guys should stop making unfounded assertions and start making rational arguements.
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