Quote:
Originally Posted by nolemmings
Agreed, although your analogy might be a little strained in the sense that the market in your scenario is probably somewhat small and thus having a large percentage of its bidders collude would have a greater impact on price. Still, I'm not going to argue with an antitrust lawyer, at least not just yet, until Happy Hour is over
Still, partnering as described elsewhere in this thread also somewhat artificially affects the market and price. If few or no individuals can financially participate in the upper-end bidding for a lot and pooling is required, haven't you in essence manipulated the market as well? At least you've pretty much set some barriers.
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Todd price fixing is still per se illegal, before or after Happy Hour, so the specifics of my example don't really matter. Hypothetically, because as we all know this would never be prosecuted, a showing of price impact isn't necessary, it's assumed.