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Would that mean that if two price-dumping companies collude, a third party cannot sue them -- because there is "competition"?
by 98239232 10y ago
Would that mean that if two price-dumping companies collude, a third party cannot sue them -- because there is "competition"?
- mikestew 10y agoCollusion's another thing all together, and not the thing you're replying to. Complicated, as always, but in short the scenario you describe might very well be illegal.
- stale2002 10y agoBasically, yes. Anti monopoly laws are meant to protect consumers, NOT other businesses. It is very hard for a company to get in legal trouble for price dumping, because as it turns out, price dumping in many cases is freaking awesome for consumers.
- dragonwriter 10y ago> Would that mean that if two price-dumping companies collude, a third party cannot sue them -- because there is "competition"? No, if they are actually colluding, that is an illegal combination in restraint of trade independent of whether that collusion involves dumping, and anti-trust law provides both private causes of action (for harmed competitors) and public causes of action (for the government) to address such collusion.