3 ms·
> 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
by 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.