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Politics : Formerly About Advanced Micro Devices
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To: American Spirit who wrote (324603)2/4/2007 12:24:29 PM
From: Elroy  Read Replies (1) of 1576913
 
It's a corporation's job to maximize its profits. You can't begrudge them if they are able to raise prices - you would do the same in a garage sale. If you could sell American Spirit T-Shirts for $20 or $21, you'd sell them for $21. You'd raise prices as long as your chump customers kept buying them. The way to stop oil companies from raising prices is to encourage more, new oil companies. Competition reduces their profit margins and forces them to price lower to gain/hold share. New oil companies requires investment, of which you apparently disapprove.

Basically, you have an industry which acts as if it's above all laws.

Uh huh, OK Captain Funnyfarm.
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