Also for what it's worth, price fixing requires agreements, not just information. You and I would have to agree that we won't go under $75/hour when submitting bids to client X in order for there to be collusion. In fact, the classical economics that argues against price fixing (because it stifles competition) also says that you should have perfect information for the most efficient markets. If I know that you usually charge $75/hour, I can decide when bidding on a contract whether it is worth it to me to bid $65/hour. If I don't know what you charge, I might guess that you charge $85/hour and therefore bid $75/hour when, really, I would have done it for $65. Theoretically, perfect information allows pricing to settle into a zone of stability with variation based on rate, time and quality which is the opposite of price fixing.
Cheers, Judah On Tue, Oct 9, 2012 at 8:37 PM, Erika L. Rich <elr...@ruwebby.com> wrote: > > I know, Wikipedia, but for what it's worth, the sources are identifiable so > do your own fact checking. > > With the way the US seems to be able to do whatever it wants, with whomever > it wants, and the fact that Mikey D's already got government eyes on this > list, I wont be doing any discussions of prices. Y'all do whatever you want > to do. > > http://en.wikipedia.org/wiki/Price_fixing > > > > On Mon, Oct 1, 2012 at 8:35 PM, Tony Weeg <tonyw...@gmail.com> wrote: > >> >> it's against the law? >> > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:355832 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
