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It seems to me that modern corporations have simply accepted antitrust busting as a regular part of business. A new technology is developed and becomes widespr
by otakucode 12y ago
It seems to me that modern corporations have simply accepted antitrust busting as a regular part of business. A new technology is developed and becomes widespread, they get together and price-fix it, they cruise on gigantic profits for a decade or more, then they get busted and, of course, only get a tiny slap on the wrist. They did this with RAM, they did it with LCD panels, and right now they're doing it with NAND chips.
- cygx 12y agoPutting legal issues aside, this is a perfectly rational approach to doing business. You do not need evil governments for cartelization to happen: It's a natural occurrence in constrained markets with established players.