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Originally Posted by willravel
I dare this sentence to make less sense.
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Companies have been caught colluding and conspiring before, most recently the memory chip makers for price fixing memory.
Anti-trust suits brought AT&T into smaller more competitive companies, supposedly to bring down the price of telecommunications. Yet still I pay more for my POTS line than ever before.
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If competitors come together and agree to raise prices, or if their suppliers all raise prices, then you don't see the drive down in prices like one might expect when businesses are competing over customers.
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Businesses are and should be allowed to price as they see fit. If they collude together to price fix then that is problematic by itself. Just because I want a 2 liter bottle of coke to be $.99 doesn't make it so when it sells fo $1.89 normally and occassionally it is on sale at varioious other places for $.99. It doesn't mean that because all the local stores are charging $1.89 that price fixing is afoot or even that the manufacturer is trying to rip people off. On the contrary it is again about choices.
I'd also like to see just how these 45M Americans that seem to be those that don't have insurance but have 20" rims on their cars (not necessarily new) with booming stereos. Again, I state that they choose to not spend that money on healthcare but instead on new rims, car stereos, latest cellphones, newest ipods and large screen TVs.
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