alt Hacker NewsA growing body of economic research shows that this allows producers to keep prices high even with lots of competition.
Replies
The prices should be delayed two months. The rate at which pricing information propagates dictates how much of the rental pricing mass (number of owners * average units owned) gets thrown around how quickly. I don't have a number, but something like 2 months. Treat this data as if it was a vile of Devil's venom [1]. If they setup back channel information sharing networks, or collusion networks of any kind. <bad thing happens, not just a fee>
Second, the historical database should be deleted. And if they can't survive that, so be it. Keeping the spoils of crime should be the crime. Justice still isn't finished.
Can you share several articles about this? I haven't found one but it's hard to search for.
By what mechanism do the producers keep prices high if the "lots of competition" is constantly undercutting them and adding new supply to replace anything the colluding subset tries to withhold from the market?