eBay vrs42?

From: vrs <vrs_at_msn.com>
Date: Sat Feb 12 15:49:28 2005

From: "Doc Shipley" <doc_at_mdrconsult.com>
> I also finally got a grip on what's bothered me about the whole
> collusion idea.
>
> If I and Sellam agree that your item is worth 80 American cents, and
> we collude to pay only that, that's not price fixing. If we somehow
> convince *all other* bidders not to outbid our 80 cents, *that's* price
> fixing.
>
> In other words, if David and Vince are the only two people interested
> in that item, in a free market they *do* have the right to collectively
> name their price. The item just doesn't have much value if the interest
> is that limited.

So how is it different if Vince attempted to convince David that the item is
worth $0.80? (Still seems like attempted price fixing.)

> If there are other interested parties, David and
> Vince can't exert all that much influence on the final selling price.

It still seems like attempted price fixing, even if I wasn't able to reach
all the bidders, but I was trying to.

(Hopefully we can get back to the regular content RSN :-).)

    Vince
Received on Sat Feb 12 2005 - 15:49:28 GMT