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> Anyone around him can just coordinate and gauge the price to the limit That's called a "cartel". Cartels are unstable because they have every reason to under
by WalterBright 1y ago
> Anyone around him can just coordinate and gauge the price to the limit
That's called a "cartel". Cartels are unstable because they have every reason to undersell the cartel price. OPEC had a lot of problems with its members selling on the sly at lower prices.
> and share the profit
They're not going to share the profit. They're going to pocket it.