[LINK] copyright is not property
link at todd.inoz.com
Sat Jun 19 10:33:29 EST 2004
>Like the auction houses, StubHub makes its money by taking a cut
>from buyers and sellers, collecting 15 percent of the purchase price
>of the ticket from the seller and 10 percent from the buyer.
>In principle this business model is as straightforward as Adam Smith.
>Buyers and sellers mingle in the marketplace and, via free negotiation,
>arrive at a price that reflects the true value of a commodity."
But it doesn't reflect the true value because 25% of the price is absorbed
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