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by hoseja
731 days ago
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It barely glows. The "lightbulb cartel" was basically a consumer protection because barring major inventions, any deviation from the thousand hour lightbulb would have severe drawbacks in terms of power efficiency or light output. |
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The free market is designed for this. If the bulb lasts 5000 hours, but burns 1/2 as bright, consumers can easily decide what they prefer.
And further, the cartel did not have exceptions for product enhancements, or improvements, which might have enabled > 1000 hrs without any drawbacks.
Why are people defending this cartel? Market collusion is generally frowned upon.