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by gruez
1525 days ago
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>It’s much closer to cartel conduct, and a flagrant antitrust/competition law violation. >While the “number of small labourers team up against large employer” narrative sounds superficially like the actions of a labour union, what this appears to be is actually a number of small businesses forming a cartel to influence the prices for their goods. Probably blatantly illegal in much of the developed world. Aren't labor unions (especially closed shop ones) basically a cartel for labor? |
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At the same time we for the most part decided that businesses best serve society when in the absence of market power, hence competition law enabling unions and outlawing cartels.