> If they didn't then that entire part of the industry would become hyper competitive, unstable and probably a zero-margin (or even loss-leading) business. Wel

> If they didn't then that entire part of the industry would become hyper competitive, unstable and probably a zero-margin (or even loss-leading) business. Well, that's what all colluders and monopolists say. I don't see any problem with this outcome. The inefficient get out of the business, and margins settle back to what the market demands.