Author

Topic: The new Cartel? (Read 1645 times)

hero member
Activity: 631
Merit: 500
August 16, 2013, 02:28:53 AM
#10
No. 

In the absence of governmental protectionism or a "natural monopoly" (google it) cartels/monpolies can't exist.

Simple version is either the existing competitors will charge a "fair rate" for their products/services OR the massive margins will bring in new competitors which give exactly zero fucks about any cartel agreement and look to undercut their bloated overpriced competitors.


until the cartels shoot you in the head.
donator
Activity: 1218
Merit: 1079
Gerald Davis
August 15, 2013, 10:52:26 PM
#9
No.  

In the absence of governmental protectionism or a "natural monopoly" (google it) cartels/monpolies can't exist.

A simplified rational is that either the existing competitors will charge a "fair rate" (at which point they are hardly a "cartel") OR the massive margins will attract new competitors which give exactly zero fucks about any cartel agreement and look to undercut their bloated overpriced competitors.  The free market to resolve this rather effectively EXCEPT when the government tries to step in an regulate things.  For every "problem" they solve they create new ones, distorting the market, and creating new cartels.


member
Activity: 72
Merit: 10
August 15, 2013, 10:46:14 PM
#8
Strange alliance
hero member
Activity: 675
Merit: 507
Freedom to choose
August 13, 2013, 08:43:06 AM
#7
hah.. the good fellas
legendary
Activity: 952
Merit: 1000
August 12, 2013, 11:50:37 PM
#6
bASIC? Ya, there's a memory we TOTALLY want to bring up and stick in people's heads. Or did you mean BitFury?
member
Activity: 112
Merit: 10
August 12, 2013, 10:32:34 PM
#5
Hopefully

I'm keeping My fingers triple crossed!
legendary
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
August 12, 2013, 10:13:33 PM
#4


KnC, BFL, Huh, Avalon

Is history repeating itself

 Shocked Shocked Shocked

BTCitcoin doomed?

Stay tuned.

re quote for pic Smiley
now where's BitFury? or is he the good guy?
member
Activity: 112
Merit: 10
August 12, 2013, 05:32:06 PM
#3


KnC, BFL, Huh, Avalon

Is history repeating itself

 Shocked Shocked Shocked

BTCitcoin doomed?

Stay tuned.

re quote for pic Smiley
sr. member
Activity: 314
Merit: 250
August 12, 2013, 05:30:28 PM
#2


KnC, BFL, Huh, Avalon

Is history repeating itself

 Shocked Shocked Shocked

BTCitcoin doomed?

Stay tuned.
member
Activity: 112
Merit: 10
August 12, 2013, 05:27:10 PM
#1

KnC, BFL, bASIC, Avalon

Is history repeating itself

 Shocked Shocked Shocked

BTCitcoin doomed?
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