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To: Brilliant
Actually, since it was only the bonehead at Toyota who said it, and did it, it probably doesn't yet qualify as a conspiracy. Add a bonehead at Ford or GM who takes him up on his offer and raises their prices, and you might have a conspiracy.

My point is this talk of 'conspiracy' is crap. Free markets mean freedom for the sellers as well as the buyers. The real shame is his valid concern that politicians will intervene against consumers to preserve GM when consumers and the market are trying to deny it the resources it has been guilty of wasting.

15 posted on 06/10/2005 4:51:24 PM PDT by Gunslingr3
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To: Gunslingr3

If he was worried about that, he could have just raised his price, and given Ford and GM a lift.

Apparently, he wasn't satisfied with that. He wanted Ford and GM to match it, so he announced that he was doing it in order to give them a break. Or maybe he just thought that making his views public would earn him some pats on the back.

Whatever he was thinking, it was not very well thought out. It's a classic anti-trust violation.

And how do you undo it?

"I was just kidding."

Or, "In order to make recompense, we are going to reduce our prices."

My guess is that there will be a big investigation. The feds will look not only at this, but at everything Toyota does. And the UAW will make sure that they do.


17 posted on 06/10/2005 5:10:02 PM PDT by Brilliant
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