PixelJones on Nostr: Why has there been no crackdown on corporate Price Fixing? Here's one reason: ...
Why has there been no crackdown on corporate Price Fixing?
Here's one reason: "Collusion Laundering"
Companies are using 3rd party Pricing Algorithm software to hide coordinated price-fixing and judges (through ignorance or corruption) are shrugging and saying "Oh, gosh, if a computer is involved no wrongdoing is possible."
Give me a break. Collusion is collusion, whether done by carrier pigeon or computer algorithm.
#PriceFixing #Antitrust #Corruption
https://www.thebignewsletter.com/p/the-banality-of-price-fixing
Here's one reason: "Collusion Laundering"
Companies are using 3rd party Pricing Algorithm software to hide coordinated price-fixing and judges (through ignorance or corruption) are shrugging and saying "Oh, gosh, if a computer is involved no wrongdoing is possible."
Give me a break. Collusion is collusion, whether done by carrier pigeon or computer algorithm.
#PriceFixing #Antitrust #Corruption
https://www.thebignewsletter.com/p/the-banality-of-price-fixing