Re:EU charges eight banks over alleged government bond cartel
by Gibbon1 on Friday February 01, 2019 @05:10PM
(#19059238)
> This means that cliques along the lines of "I'll scratch your back if you'll scratch mine" form naturally.
Problem I have with Econ 101 BS is this. Different industry, in the city I grew up in the four large electrical contractors get busted every 10-15 years for bid rigging city and county contracts. They pay fines, no one goes to jail. I feel like this sort of stuff also goes on with private bids, but it never gets called out.
Problem I have with Econ 101 BS is this. Different industry, in the city I grew up in the four large electrical contractors get busted every 10-15 years for bid rigging city and county contracts. They pay fines, no one goes to jail. I feel like this sort of stuff also goes on with private bids, but it never gets called out.