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This assertion is often put forth by naive Libertarian types, but it's simply not true. Cartels routinely emerge in markets with high barriers to entry. This
by llamadrom 12y ago
This assertion is often put forth by naive Libertarian types, but it's simply not true. Cartels routinely emerge in markets with high barriers to entry. This happens even if there are laws against direct coordination and those laws are obeyed.
The market players aren't dumb, and they realize that if the barrier to entry is high enough, they can maximize profits by simply not competing. Price wars are terrible things for companies in such situations.
That said, there's no point in discussing history (such as turbine pricing) with you, because you've already demonstrated that you're a completely typical closed-minded religious zealot with an aversion to reality.
- mseebach 12y agoEven if I'm completely wrong and you're completely right, this level of discourse is simply not acceptable.
- llamadrom 12y agoOh give me a break, you thin-skinned jerk. You're criticizing my tone because you were wrong on the facts. Pathetic. Disgusting and pathetic. You should be ashamed of yourself. But you aren't, because you're fucking pathetic.
- dllthomas 12y agoThis level of discourse is completely unacceptable. Do better.
- dllthomas 12y agoI mostly agree with the meat of your post, but agree with mseebach that it is needlessly hostile.