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>Uh, are you saying that Standard Oil should have made business decisions based on what was good for their competitors? This starts to get into collusion. This
by travisp 11y ago
>Uh, are you saying that Standard Oil should have made business decisions based on what was good for their competitors? This starts to get into collusion.
This is exactly what some critics of antitrust law say happens:
> Under the Antitrust laws, a man becomes a criminal from the moment he goes into business, no matter what he does. For instance, if he charges prices which some bureaucrats judge as too high, he can be prosecuted for monopoly or for a successful “intent to monopolize”; if he charges prices lower than those of his competitors, he can be prosecuted for “unfair competition” or “restraint of trade”; and if he charges the same prices as his competitors, he can be prosecuted for “collusion” or “conspiracy.”