Greed to me is a funny word here. If illegal antitrust actions are occurring, well that’s obviously bad for the consumer and market, but you say greed as if DRAM makers owe something to the public? They’re a technology business who exist to make money by definition. It’s not a non-profit.
That hasn't been the history of the business. DRAM makers are state-sponsored strategic enterprises which do not act according to rational economic theories.
Exactly. Compare that to privately held corporations, which would never think to illegally keep prices up through collaboration, just because they can reasonably expect to get away with it. /s
well you can either be state-sponsored or not. if GP is bringing up state-sponsoring as a supposed source of irrationality then yeah I'm assuming that they presume privately held corporations would do better.
that being said, I do admit my post was sarcastic, but it also did mention what the problem here is (besides a much broader discussion about captialism) which is that they can rationally expect to get away with this. State-sponsored ones because their interests are the national interest (to an extent) and privately held ones because they're usually able to effectively capture their regulators.
