Source Dorks is a pop culture blog written by a circle of friends who frequently meet to play games and geek out at Source Comics and Games in the suburbs of Minneapolis, Minnesota.
Friday, October 26, 2007
Price Fixing Legalized
Anyone see this Supreme Court decision a few months ago? NY Times story:
Don't know enough about how the agreements usually work. I would guess though that as long as there are a healthy number of competitors this isn't necessarily a bad thing.
Dunno. When companies get together to create fixed prices I usually feel like they're trying to do an end run around actually competing with each other.
Don't know enough about how the agreements usually work. I would guess though that as long as there are a healthy number of competitors this isn't necessarily a bad thing.
ReplyDeleteDunno. When companies get together to create fixed prices I usually feel like they're trying to do an end run around actually competing with each other.
ReplyDeleteIn this case which legislation of economics did you have an opinion on? The one where they banned it or unbanned it?
ReplyDeleteI don't have an opinion myself yet because I am still working through my reaction to the Bush administration taint on the issue.