[ethbr1]

Your assertion was "price fixing doesnt work in real life".

I offer that if you get to fix prices for a good chunk of 40 years, and then still end up with 64% market share... it does work.

In the sense that your company will have made obscene amounts of money, by price fixing, while the above played out.

If your rebuttal is that in the end they lost market share, true. But they made enough money before that happened that it's still a win.