On Sat, 12 Feb 2005, vrs wrote:
> 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.)
Well, David doesn't have to agree. And if he does, as long as I didn't
coerce or threaten him, what's there to complain about?
--
Sellam Ismail Vintage Computer Festival
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Received on Sat Feb 12 2005 - 16:02:14 GMT