alt Hacker NewsThey buy a relatively small number of eggs at a high price, but the price of the transaction is an input into an index that the larger market uses.
They buy a relatively small number of eggs at a high price, but the price of the transaction is an input into an index that the larger market uses.
So is the real collusion here the fact that an index like that exists? Why are prices set by a centralized index rather than just normal supply and demand? (Genuinely asking; egg markets are far outside my area of expertise.)