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> Supply and demand. It's disappointing I'm not surprised by the profound ignorance of this article at what used to be a prestigious organization. Was it also
by throw_m239339 6y ago
> Supply and demand. It's disappointing I'm not surprised by the profound ignorance of this article at what used to be a prestigious organization.
Was it also supply and demand when a bunch of silicon valley corporations decided to keep salaries low with secret agreements?
- LesserEvil665 6y agoright, in OC's mind that should be A-OK. Viewing everything through the lens of supply & demand without any other consideration will make monsters of us all.
- neartheplain 6y agoDo you have credible suspicion of such collusion in the anime industry? And to answer your question, no. It was a crime, and law enforcement put a stop to it.
- gnarbarian 6y agoMonopolies and colluding oligopolies break capitalism. It's why we have antitrust law, which we don't really seem to use anymore (probably due to regulatory capture).
- ggreer 6y agoMost people who know about that case are mistaken about certain crucial facts. The collusion was that some companies agreed not to cold call each other's employees.[1] Hiring was still allowed, as were other recruiting methods such as e-mail or LinkedIn messages. The particularly nasty bit of collusion was between Apple and a few other companies (Google, Adobe, Pixar). This collusion only happened because of Steve Jobs's vindictive personality combined with interlocking directorates[2]: Jobs was on the board of Pixar, and Google & Adobe executives were on Apple's board. Despite Jobs's best efforts, the collusion fell apart after only 4 years because the companies kept poaching from each other. It was over a year later that the DoJ filed its first complaint. Despite what most people think, it's really hard for companies to cartelize. There is a massive incentive for any one member of the cartel to pretend to collude while secretly not colluding. Typically, such arrangements fall apart unless there is a governing body that can sniff out and punish defectors. 1. https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L... 2. https://en.wikipedia.org/wiki/Interlocking_directorate https://en.wikipedia.org/wiki/Interlocking_directorate