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Post by Big L on Dec 11, 2016 20:52:45 GMT -5
If Verizon and ATT got together to set cellular pricing, it would be illegal. Why is it not illegal for OPEC and even Russia to get together and set oil production limits to boost price? If Apple and Samsung got together to set smart phone production limits to increase price, that'd be illegal, no? WTF
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Post by Gunnails on Dec 11, 2016 21:11:31 GMT -5
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US anti trust laws have no effect on foreign governments.
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Post by JStokes on Dec 11, 2016 21:29:04 GMT -5
Just buy all the GoPro stock you can and you'll be set.
But yeah, foreign entities are not subject to our anti-trust laws.
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Post by Big L on Dec 11, 2016 21:34:59 GMT -5
Samsung is a foreign entity, yes? Couldn't they collude with Apple then?
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Post by JStokes on Dec 12, 2016 6:39:04 GMT -5
Samsung is a foreign entity, yes? Couldn't they collude with Apple then? Samsung is not a government even if it is owned by a government. It is a corporation that does business in the US and must abide by our anti-trust laws. _ |
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Post by DDNYjets on Dec 12, 2016 8:45:04 GMT -5
This is why we need to tell the Arabs to go fuck themselves and not only become energy independent but a competitor.
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Post by Big L on Dec 12, 2016 9:09:51 GMT -5
Samsung is a foreign entity, yes? Couldn't they collude with Apple then? Samsung is not a government even if it is owned by a government. It is a corporation that does business in the US and must abide by our anti-trust laws. _ so governments are allowed to collude but US businesses no.  |
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Post by JStokes on Dec 12, 2016 10:18:12 GMT -5
Samsung is not a government even if it is owned by a government. It is a corporation that does business in the US and must abide by our anti-trust laws. _ so governments are allowed to collude but US businesses no. Yup. Governments are sovereign entities that do not have to abide by our laws and who we have no ability to control or punish. We control what and how corporations transact business in the US and we have the ability to punish them. _ |
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Post by JStokes on Dec 12, 2016 10:33:41 GMT -5
The only way we can "punish" a foreign government is to put sanctions against them but that is only in severe cases like Iran and North Korea Cuba etc. or for instance Russia because of the Ukraine.
Not for price fixing or collusion. It's a law designed to control business in the US. We can't control how foreign governments conduct business.
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Post by Trades on Dec 12, 2016 11:15:20 GMT -5
The only way we can "punish" a foreign government is to put sanctions against them but that is only in severe cases like Iran and North Korea Cuba etc. or for instance Russia because of the Ukraine. Not for price fixing or collusion. It's a law designed to control business in the US. We can't control how foreign governments conduct business. _ Correct, what we can do is make policies in our own country to gain energy independence and keep prices lower, find alternatives or work with other countries to produce more oil to offset their collusion. |
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Post by The Tax Returns Are in Kenya on Dec 12, 2016 15:50:14 GMT -5
General Oil? Is that the next secretary of state's nickname? (since everyone else is a general I guess he felt left out)
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Post by flushingjet on Dec 12, 2016 16:41:23 GMT -5
General Oil? Is that the next secretary of state's nickname? (since everyone else is a general I guess he felt left out) Well the current regimes nickname is Genital so I understand your cornfusion |
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Post by Big L on Dec 12, 2016 17:44:06 GMT -5
General Oil? Is that the next secretary of state's nickname? (since everyone else is a general I guess he felt left out) Well the current regimes nickname is Genital so I understand your cornfusion Genital Oil? |
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