I am in Japan where they have just discovered a cartel of ice cream manufacturers pushing up prices. Supply and demand. This is capitalism, baby!
This is a lawsuit, right? It’ll go through a few judges’ hands on appeals and what not and by the time the companies get their slap on the wrist in 2-5 years they will have made so much money it doesn’t matter.
I am in Japan where they have just discovered a cartel of ice cream manufacturers pushing up prices. Supply and demand. This is capitalism, baby!
This is a lawsuit, right? It’ll go through a few judges’ hands on appeals and what not and by the time the companies get their slap on the wrist in 2-5 years they will have made so much money it doesn’t matter.
Of what I’ve read about Japan, a cartel being considered something bad in the society is an improvement.
Can you elaborate? As someone living in Japan for over 15 years, I’m not sure what you mean? Are you implying we welcomed cartels in the past?
More oligopolies than cartels, but zaibatsu are a common stereotype as something culturally normal for Japan, yes.
This but unironically.
Cartels are illegal for a reason though so interesting to see if the RAM situation has been a cartel.