Saturday, March 29, 2014

on the one hand, this is yet more evidence of how companies collude, rather than compete. and you know what? that's what my economics 100 text taught me, too.

in theory, it's in the interests of consumers for them to compete. but, it's simply not in the interests of companies to compete - not even in theory. so, why would they?

on the other hand, it opens up another question: is it in the interests of consumers to have workers compete for higher salaries? i mean, my empathy isn't particularly deep, here.

whole thing's a mess.