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Old 04-14-2012, 06:08 PM   #355
Elfwreck
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Quote:
Originally Posted by carpetmojo View Post
Mmmm.... so the oil co's/banks/credit co's et al couldn't claim they were legally working together for their common good...?

As it screwed everyone else?

Or am I being naive here ....
A consortium (1) has to have a common goal other than "make everyone pay more for our services" and (2) has to be created in advance of any group activities.

Book publishers could presumably make a consortium to coordinate editorial resources, allow hardcovers to be published by one imprint and paperbacks by another, arrange translated books without each publisher having to hire translators for the same languages, and so on. They can't make a consortium for the sole purpose of "let's set all our standard prices 25% higher than the market wants to deal with."

And even if they could... they'd need to announce the existence of a consortium before they could make group contract agreements.
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