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Debates Forum

Debates Forum

  1. 12 Apr '12 13:19
    It seems that Eric holder is a conspiracy theorist now. Maybe justifiably so. How good is the case for this anti-trust action?

    http://www.reuters.com/article/2012/04/11/us-apple-ebooks-idUSBRE8391JW20120411

    Should the oil refiners be next?
  2. 13 Apr '12 01:45
    I hope Delta buys the refinery, but I can't help but think the seller doesn't really want a buyer at all.

    http://www.airaviationnews.com/war/delta-considers-bid-for-oil-refinery/
  3. 21 Apr '12 21:43
    ADM was convicted of price fixing

    http://www.pbs.org/newshour/bb/business/october96/adm_10-15.html
  4. Subscriber AThousandYoung
    Poor Filipov :,(
    21 Apr '12 21:45
    Originally posted by Metal Brain
    ADM was convicted of price fixing

    http://www.pbs.org/newshour/bb/business/october96/adm_10-15.html
    From your link:

    Archer Daniels Midland, one of the nation's largest agricultural producers pleaded guilty to price fixing, and agreed to pay $100 million infines, the largest criminal antitrust penalty ever. ADM, which calls itself the supermarket to the world, is a $13 billion grain company which produces corn syrup, corn-based fuel, and food and animal feed supplements used in thousands of products. ADM has more processing capacity than any other company in the world. As part of the plea agreement, ADM admitted to price fixing in two of its major products, Lysine used in livestock feed, and citric acid found in soft drinks and detergents.
  5. 22 Apr '12 16:35
    Originally posted by AThousandYoung
    From your link:

    Archer Daniels Midland, one of the nation's largest agricultural producers pleaded guilty to price fixing, and agreed to pay $100 million infines, the largest criminal antitrust penalty ever. ADM, which calls itself the supermarket to the world, is a $13 billion grain company which produces corn syrup, corn-based fuel, and food and ...[text shortened]... r products, Lysine used in livestock feed, and citric acid found in soft drinks and detergents.
    You are aware that paying fines is not an admission of guilt as much as a concession that "fighting city hall" is often more expensive and invasive than just paying up, and adding the cost of fines to consumer prices.
  6. Subscriber AThousandYoung
    Poor Filipov :,(
    22 Apr '12 16:39
    Originally posted by normbenign
    You are aware that paying fines is not an admission of guilt as much as a concession that "fighting city hall" is often more expensive and invasive than just paying up, and adding the cost of fines to consumer prices.
    Maybe, but this IS an admission of guilt:

    ADM admitted to price fixing in two of its major products
  7. 23 Apr '12 16:41
    Originally posted by AThousandYoung
    Maybe, but this IS an admission of guilt:

    ADM admitted to price fixing in two of its major products
    No, they copped a plea. American price fixing laws are absurd. You may be charged with setting prices too high, too low, or the same as. In short it doesn't matter what you do, if you sell stuff, you may be labeled a criminal by our corrupt legal system.