(December 18, 2010 at 2:13 am)Mishka Wrote:(December 16, 2010 at 10:54 am)Ashendant Wrote:(December 16, 2010 at 3:01 am)Loki_999 Wrote: What? This is news? Come on, its normal business practice. Looking after their own interests.
It would be more of a headline if is was: "Big business players NOT colluding to protect their own interests". That would be a worldwide shock!
Well it' s still very illegal
Not according to any court at this time. Just in your view.
No like someone mentioned before
Quote:In the study of economics and market competition, collusion takes place within an industry when rival companies cooperate for their mutual benefit. Collusion most often takes place within the market structure of oligopoly, where the decision of a few firms to collude can significantly impact the market as a whole. Cartels are a special case of explicit collusion. Collusion which is not overt, on the other hand, is known as tacit collusion.
In fact the Eu forced a fine to a cartel of taiwan flat screen producers for forming a price cartel
