@soapjackal @AimlessGromar @_Hurlock_ Sure but oligopolies and cartels are exceedingly common. Did you see the Silicon Valley labor dispute?
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Replying to @ProfessorZaius
@ProfessorZaius @AimlessGromar @_Hurlock_ I'll grant that there are instances of anti competitive manipulation by large group1 reply 0 retweets 0 likes -
Replying to @soapjackal
@soapjackal @AimlessGromar @_Hurlock_ "suppress and eliminate competition by fixing the prices of TFT-LCDs" http://www.justice.gov/atr/cases/f239300/239374.pdf …1 reply 0 retweets 0 likes -
Replying to @ProfessorZaius
@soapjackal @AimlessGromar @_Hurlock_ This happens. "scores of international cartels." http://en.wikipedia.org/wiki/DRAM_price_fixing … http://en.wikipedia.org/wiki/Lysine_price-fixing_conspiracy …2 replies 0 retweets 0 likes -
Replying to @ProfessorZaius
@ProfessorZaius @AimlessGromar @_Hurlock_ since you're just wiki linking I'm fairly confident you understand the legal system in all...1 reply 0 retweets 0 likes -
Replying to @soapjackal
@soapjackal @AimlessGromar @_Hurlock_ The law doesn't have to tell companies to pursue profit. There is clear motive without the state.1 reply 0 retweets 0 likes -
Replying to @ProfessorZaius
@ProfessorZaius @AimlessGromar @_Hurlock_ I'm referring to the legal climate. Which is meant to inform risk and possibility to profit1 reply 0 retweets 0 likes -
Replying to @soapjackal
@soapjackal @AimlessGromar @_Hurlock_ So what you're saying is we need laws that make it more of a costly risk to collude?5 replies 0 retweets 0 likes -
Replying to @ProfessorZaius
@ProfessorZaius@soapjackal @AimlessGromar @_Hurlock_ Making laws is the WAY people collude.1 reply 0 retweets 2 likes -
Replying to @Outsideness
@Outsideness@soapjackal @AimlessGromar @_Hurlock_ Is law and regulatory capture the only method of collusion?2 replies 0 retweets 1 like
@ProfessorZaius @soapjackal @AimlessGromar @_Hurlock_ No, but it is a very common and highly destructive way of doing it.
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