Quote:
Originally Posted by hcv123
This is so bad for so many reasons! I hope those emergency lights on Jeff's post indicate he or someone in a position to challenge this from a monopolistic perspective (potentially hurts Beckett and CGC the most) are going to do so. How can a single company be allowed to own 85% of a given market?
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The Federal Trade Commission would or could study to see if there's a potential impact on consumers through a formula they use to determine monopolization. Personally, I think the data is there to warrant an investigation by the FTC. According to the Gemerate numbers, PSA\Collector's Universe has 78% of the grading market while SGC has 10%. You can file an inquiry with the FTC at ant time but the problem the hobby may run into is getting the FTC to understand how this affects consumers. I don't think Lina Khan is a collector of Sports cards but the FTC has investigated the hobby's inner-workings on 3 seperate occasions.