[Market-farming] Undercutting prices
tradingpost at gilanet.com
Wed Sep 22 23:40:48 EDT 2004
In theory yes, but in practice every state tolerates price fixing on the largest scale because it's so hard to prove and the largest corporations have a lot more lawyer money than the state prosecutors. Actually what we're talking about here is not making everybody sell a certain vegetable at the same price. It's about price wars to drive competition out of business and gain a monopoly - a very UN-free-market type of tactic.
paul at largocreekfarms.com
*********** REPLY SEPARATOR ***********
On 9/22/2004 at 4:43 PM jay gee wrote:
>On Wed, 22 Sep 2004 17:26:33 -0400, Pat Meadows wrote:
>> On Wed, 22 Sep 2004 10:22:32 -0700 (PDT), you wrote:
>> >our new rules we state...no undercutting...vendors are instructed to
>> >with the rest of the market vendors for current prices on similar
>> >and adjust as necessary. Reselling in not allowed.
>> How do you get around the laws against price-fixing and
>> conspiring to fix prices?
>IANAL either but I know enough to tell the folks who
>made up these "market rules" they better not have
>them in writing nor try to enforce them because no
>state in the union tolerates price fixing to the best of
>not a farmer -- but interested in farming
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