4 ms·
Collusion is the ugly cousin of monopoly. If you can't get a monopoly, work with your few competitors to set an industry standard fee in which you all make a ki
by _heimdall 3y ago
Collusion is the ugly cousin of monopoly. If you can't get a monopoly, work with your few competitors to set an industry standard fee in which you all make a killing and can claim the plausible deniability of "fair market value".
- graeme 3y agoI was referring to video games consoles as well as android. They’re estimated to take around 30%. There’s no world in which Nintendo and apple are colluding to set rates.
- _heimdall 3y ago> There’s no world in which Nintendo and apple are colluding to set rates. What makes you say that? And short of direct collusion, is it fair game if Apple sets the precedent and Nintendo follows suit without direct coordination? If the agreement is only alluded to without being directly stated, are we okay with the ethical precedent regardless of legal standing?