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There's a comment on Techcrunch that I found particularly interesting: http://techcrunch.com/2010/09/21/so-a-blogger-walks-into-a-bar/#comment-79846761 http://t
by jessep 16y ago
There's a comment on Techcrunch that I found particularly interesting: http://techcrunch.com/2010/09/21/so-a-blogger-walks-into-a-bar/#comment-79846761 http://techcrunch.com/2010/09/21/so-a-blogger-walks-into-a-b...
"This group does not have a monopoly position in early stage deals. So getting together to discuss how they as individuals/small firms can better compete against much larger VCs and incubators is not price fixing or collusion."
It continues on to expand nicely on the point.
- _delirium 16y agoIs a monopoly even needed? In most fields I thought it was illegal even if only a few businesses in a market get together, e.g. if a dozen gas station owners in my area got together to discuss coordinating price strategy, that'd be illegal, even though those 12 hardly own the whole market. Though there are legal ways to do it if you aren't actually discussing setting prices, e.g. all the local bakers' shops can get together to discuss difficulties in the current market for baked goods, how to better promote the sector, etc., so long as they aren't working out how to collude in negotiating with their suppliers, or agreeing to minimum prices for bread, or things of that sort.