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I don't disagree per-se, but this is the sort of thing which happens when only a few businesses exist in a commodity market with high entry costs. IOW, it's no
by timschmidt 11mo ago
I don't disagree per-se, but this is the sort of thing which happens when only a few businesses exist in a commodity market with high entry costs. IOW, it's not great, but it is predictable. See: Oil.
- HPsquared 11mo agoLooking forward to the "Organization of Processor-Etching Corporations".
- venturecruelty 11mo agoIt's not just predictable, it's illegal. Of course, if you have an executive that actually cares about enforcing the law.
- marcosdumay 11mo agoIt's usually not only illegal, but also a crime. Anyway, that's the kind of market that governments always need to act upon and either supply directly or regulate intensively.