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Companies are free to engage in 'anti-competitive' practices if they don't have too much power over the market. That's completely untrue. If the shop owner aro
by notNow 11y ago
Companies are free to engage in 'anti-competitive' practices if they don't have too much power over the market.
That's completely untrue. If the shop owner around the corner in your hood colluded with other shop owners to fix prices and they're caught, they will be in a lot of trouble. So, anti-competitive behavior is not about monopoly or market dominance, it's about the act itself.
- Ensorceled 11y agoThat's collusion not anti-competitive. https://en.wikipedia.org/wiki/Anti-competitive_practices https://en.wikipedia.org/wiki/Anti-competitive_practices
- plonh 11y agoYou linked to a page that lists "collusiom" under the heading "anti-competitive practices".