On Fri, Mar 22, 2002 at 01:05:43PM +0000, MJ Ray wrote:
Does being an informal alliance of competing vendors not prevent antitrust action against them?
No, this is called a cartel and has been done in the past.
How can you make an antitrust case against an entire industry sector?
If they have agreed on measures to exclude entrance of other competition, it is a cartel and illegal.
I think it's like saying that orange sellers have the market for oranges sewn up because they won't allow the apple sellers to call their fruit oranges...
Yes, but they will if they refuse to sell orange tree seeds to anyone but existing orange producers.