11-12-2015, 04:07 PM
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Confirmed User
Industry Role:
Join Date: Feb 2010
Location: California
Posts: 3,068
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Quote:
Originally Posted by galleryseek
Collusion between private companies usually happens only with the help and influence of government. A market where everyone is able to freely compete without artificial barriers to entries makes it nearly impossible for collusion and monopolies to rise. That's why you only hear about these types of issues in the most heavily regulated industries.
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Except there were huge antitrust issues in the 1800s before the government stepped in with the Sherman anti-trust regulations.
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