| ▲ | janalsncm a day ago | |
The point of the complaint is that they were able to do this due to illegal collusion. And even if people buy a lot of junk food, they might have bought competitors’ junk food. Laws are still laws even if you don’t like the people the laws protect. | ||
| ▲ | naijaboiler 19 hours ago | parent | next [-] | |
Exactly pricing discrimination (i.e. selling at different prices to different customers) is absolutely legal and is market efficient in a market with multiple sellers and multiple buyers. Pricing discrimination combined with monopsony(single large buyer) or monopoly ( single large seller) powers is not market efficient. It leads to higher prices by end consumers. Price discrimination via collusion + Walmarts monopsony in grocery industry violates that 1930s act and is illegal | ||
| ▲ | itsdrewmiller a day ago | parent | prev [-] | |
Is that the point? The illegal collusion was with walmart to keep their prices artificially low compared to everyone else. They weren't colluding with coke to raise all soda prices. | ||