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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (286055)4/29/2006 9:08:49 AM
From: Elroy  Read Replies (1) | Respond to of 1573850
 
Why is it crazy to say that oil producing countries colluding to keep oil prices high should be illegal?

Are you saying the countries don't have the right to maximize the value of their natural resources? What "colluding" are you talking about?

And you ignored the question, why isn't penalizing MSFT for being a monopoly and price gouging on your list of policy recommendations. MSFT is much more of a monopoly and price gouger than OPEC.



To: RetiredNow who wrote (286055)5/2/2006 3:11:39 AM
From: tejek  Respond to of 1573850
 
Why is it crazy to say that oil producing countries colluding to keep oil prices high should be illegal? Especially when we consider the cost to Americans and our economy, I'd say this is not crazy, rather it's fighting back.

Because OPEC members are not the only oil producers in the world. They were a monopoly.....maybe.....more like an oligarchy....back in the 1980s. As it is now, they only control about 75% of the oil reserves. Other major oil producers like Russia, Kazakistan, Norway, and Mexico are not members of OPEC.