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Amusingly, all the Australian banks asked the ACCC for permission to form a cartel and collectively bargain with Apple on Apple Pay terms. They were denied. ht
by madeofpalk 3y ago
Amusingly, all the Australian banks asked the ACCC for permission to form a cartel and collectively bargain with Apple on Apple Pay terms. They were denied.
https://www.accc.gov.au/media-release/accc-denies-authorisation-for-banks-to-collectively-bargain-with-apple-and-boycott-apple-pay https://www.accc.gov.au/media-release/accc-denies-authorisat...
- amadeuspagel 3y agoAntitrust usually makes it impossible for smaller companies to combine their market power against the market power of a bigger company.