3 ms·
Industry-wide unions like the AMA, UAW, and Longshoremen help to maintain a tacit price-fixing (as everyone is subject to the same price floor on their major ex
by nickff 6y ago
Industry-wide unions like the AMA, UAW, and Longshoremen help to maintain a tacit price-fixing (as everyone is subject to the same price floor on their major expense), which can be very convenient for large, established players.