Comment by Y_Y

Comment by Y_Y 7 hours ago

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> The firms can coordinate by agreeing on a strategy they deem necessary for the future of the industry

As long as it doesn't fall into the "collusion" prohibitions of the relevant competition law.

> “People of the same trade seldom meet … but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.”

Adam Smith, The Wealth of Nations (1776)