4 ms·
The biggest beneficiary of cartels are competitors that are outside the cartel. For example, OPEC enabled fracking to be profitable. To hurt fracking, they loos
by Aunche 4y ago
The biggest beneficiary of cartels are competitors that are outside the cartel. For example, OPEC enabled fracking to be profitable. To hurt fracking, they loosened their price fixing.
If RealPage were price fixing rather than simply facilitating price discovery, landlords would have no incentive pay for the service.
- dangerlibrary 4y ago> The biggest beneficiary of cartels are competitors that are outside the cartel. This is just... obviously wrong. If this were true, nobody would ever join a cartel, since membership is voluntary. All antitrust legislation and enforcement would be rendered entirely moot, because nobody would ever collude to fix prices.