Sanjay Mehrotra said the industry suffered from low prices, leaving companies with insufficient funds to expand production.

If my Granda had wheels she'd be a bicycle

So, the argument is, "the markets forced us to collude and price fix!"?

Sounds like "blame the victim" mentality to be honest.

Too bad that companies expecting massive profits from certain investments can't get a credit for them! Nope, all out of money!