re: Why No Charges of Gouging When Prices Fall

Come on, man (Manuel and Peter), don’t you recognize “predatory pricing” when it’s right there under your nose? The BIG OIL COMPANIES are obviously cutting prices to drive all the “little guys” out of the market so that they can finally charge monopolistic prices forevermore. I have this on the good authority of several “game theorists” posing as economists.

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10:12 am on December 23, 2008