Competing in Services

Folks,

If one perceives an unfairly distorted market, one might fashion a way to
take advantage of the malinvestment and misallocation to make money while doing
good.

The travel agency biz was something of a racket before a fellow started
expedia.com to exploit the travel agents unfair advantage.

Same fellow is now going after real estate agents.

http://nalert.blogspot.com/2006/02/house-valuation-site-may-have-realtors.html

Question: Is it better to government regulators sort out market distortions,
or leave it to small business people to correct inbalances?

John

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