 There are two problems with this argument. First, if one accepts the legitimacy of free enterprise, as appears to be presupposed by the above argument, then what is a fair price will be determined by the voluntary interactions of buyers and sellers in a competitive market: the fair price is that which is set by the contractual transactions of free, prudentially-rational buyers and sellers. If buyers in a competitive market are willing to pay a price for digital information that is significantly higher than the seller’s marginal cost, then that price can be presumed fair. Second, the argument overlooks the fact that the fixed costs associated with producing and distributing intellectual content can be quite high. For example, the Disney Company spent more than $100 million in making the film West Side Story in 2021. If one assumes that a fair price is such as to allow the producer to recover the fixed development costs associated with producing and distributing intellectual content, this would entail that it is fair for content producers to charge a price that is sufficiently above the marginal costs to allow them to recover these fixed costs.