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I applaud the FTC directors for speaking up on this important subject. Protectionist laws which artificially preserve antiquated business models not only inhibit innovation in the industry, but add additional cost to an already expensive transaction. It appears that the elected representatives in my state are more interested in protecting campaign donors than they are about protecting the individual consumer. Blockbuster and Tower Records gave way to Netflix and iTunes. While that transition was temporarily painful for a few, consumers have benefited tremendously. This is the beauty of a free market economy. The market will pick winners and losers, not those who have positions of political or financial power. It's time to let the market decide the true value of the local independent auto dealer, if there is still value there.
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