3 ms·
> That is a cartel. Wikipedia says: > A cartel is a group of independent market participants who collude with each other as well as agreeing not to compete wi
by eru 2y ago
> That is a cartel.
Wikipedia says:
> A cartel is a group of independent market participants who collude with each other as well as agreeing not to compete with each other[1] in order to improve their profits and dominate the market. A cartel is an organization formed by producers to limit competition and increase prices by creating artificial shortages through low production quotas, stockpiling, and marketing quotas. Jurisdictions frequently consider cartelization to be anti-competitive behavior, leading them to outlaw cartel practices.
What you are alleging sounds bad, but it doesn't sound like a particularly good match for the term 'cartel'.
- fHr 2y agoClassic nitpick to be fair it's almost a cartel but because it is not fitting 100% it's not. Do you work at one of these companies by any chance?
- eru 2y agoNot all things we dislike are the same. The same in politics: people there often have the tendency to call everyone they dislike either a Nazi or a communist. Totally ignoring that there are many, many different and exciting varieties of bad. I used to work for Google for a few years for what it's worth.