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Basically, they can't do that because it would undermine the market. The entire point of the market is to allocate resources effectively; if its rules allow mul
by tikhonj 15y ago
Basically, they can't do that because it would undermine the market. The entire point of the market is to allocate resources effectively; if its rules allow multiple players to collude in an effort to change the results, it stops being effective.
- joesb 15y agoSo if a price of something is higher than what you want, you have to just live with it and can't form group with your friend to only buy from places that sell product at cheaper price?
- rooshdi 15y agoHuh? I think you have things misunderstood. These executives are intentionally driving down the value of their employees and restricting their opportunities in what should be a free market. These are not products we're talking about, they're people..