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Old 11-21-2011, 08:58 PM   #19
McG
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Join Date: Apr 2004
Location: Elbows Up!!
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how do i respond to gasoline price fixing allegations?

what? when did it get reduced to allegations?

on a more serious note...oligopolies tend to behave in exactly this manner. assuming that the costs of production are relatively similar, or similar enough, each will try to maximize profits in a way that doesn't encourage others to behave in too crazy a way with price cutting etc.

when people see "price fixing", they assume cartels or collusion; it doesn't have to be that way. sure...it could be those things...but most likely it is a band where each anticipates the moves of the others, given similar costs of production, and no one wants to get into a crazy price cutting war.

cell companies? now that's some "fixin'".
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Last edited by McG; 11-21-2011 at 09:30 PM.
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