Comment by shuntress
The light bulb thing is actually the opposite of what you imply.
It was an open agreement to avoid misleading marketing that would have (presumably) caused a "race to the bottom".
The light bulb thing is actually the opposite of what you imply.
It was an open agreement to avoid misleading marketing that would have (presumably) caused a "race to the bottom".
Wat. It was agreement to decrease the life span of their product.
https://en.wikipedia.org/wiki/Phoebus_cartel