3 ms·

You are arguing semantics. Effect is the same.

• vablings 4mo ago
  The effect is literally the opposite of what was described. It provides a downward pressure on pricing and it's all open. If you think a private agreement to fix the price at an artificially inflated level is the same as a public offer to lower the price based on competitors, I have little hope for any business venture you may partake/undertake
  • varispeed 4mo ago
    It cuts both ways. Downward pricing can be used to remove competitors who cannot give up that much of margin.
    • vablings 4mo ago
      That's a different argument to what you first stated. Regarding price consumers are not as one dimensional as you are led to believe.