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> I don't understand the distinction you are making. It's pretty simple. In a correctly regulated market the sellers are in competition with each other so ther
by afavour 2mo ago
> I don't understand the distinction you are making.
It's pretty simple. In a correctly regulated market the sellers are in competition with each other so there is a limit to how much they can increase prices, since they'll just lose business to their competitor.
In a poorly regulated market that allows competitors to collude with each other to raise prices by the same amount, they'll inflate prices much further.
- inquirerGeneral 2mo ago[dead]
- srmatto 2mo agoReal history here on this subject is the LCD panel price fixing scheme: https://en.wikipedia.org/wiki/TFT-LCD_(Flat_Panel)_Antitrust_Litigation https://en.wikipedia.org/wiki/TFT-LCD_(Flat_Panel)_Antitrust...