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Anyone want to weight in on how this falls legally? Price fixing can be a felony, and result in jail time[1]. Not sure if this falls under that, or similar anti
by arcanus 5y ago
Anyone want to weight in on how this falls legally? Price fixing can be a felony, and result in jail time[1]. Not sure if this falls under that, or similar anti-trust laws.
[1] https://www.washingtonpost.com/archive/business/1987/06/20/price-fixing-charged-on-soft-drinks/d6763187-ade7-4b53-959f-6736e999d1e5/ https://www.washingtonpost.com/archive/business/1987/06/20/p...
- londons_explore 5y agoThe proposed "win rate guarantee" Google gave Facebook appears to be the same economically as Google buying up a bunch of ad slots, and then giving them to Facebook for free. Assuming the same was done in reverse, this is both companies reducing the pool of ad slots available to others, and pushing up the price. It would be equivalent to one oil company giving lots of oil to a competitor to destroy, and that competitor doing the same in return.
- alisonkisk 5y ago
- ryoshu 5y agoSo price fixing?
- IAmEveryone 5y agoIt’s all civil law right now. It’s doubtful that criminal law would be very useful. First, because the standard of proof would make criminal charges much harder to sustain. Second, because, judging from all those emails, it’s much more of a group effort between and inside these organizations.
- HWR_14 5y agoGroup efforts can definitely be subject to criminal investigations. Look, for example, at Enron.