Wednesday, March 12, 2014

The Destruction Of Free Markets In The U.S Goes On - Tesla

Trigger

One of the big news in today’s (3/12/2014) Wall Street Journal was “Tesla vs. New Jersey: The Car Dealers Strike Back”.

Apparently, three states, i.e. Arizona (surprise), Texas (incredible), and now New Jersey, so far have prohibited direct sales of vehicles by Tesla Motors.

How Is This Possible In The United States Of  America?

An observer from China may conclude that the U.S. is sometimes worse than communist China in suppressing free markets and competition.

How is it possible that well organized, vested interests like car dealers in various or most states can carve out franchise privileges for themselves to exclusively sell cars at the expense of consumers?

Previous, Related Blog Posts

Here and here.

No comments: