Reply to thread

Message: [QUOTE="nelsonmuntz, post: 5094248, member: 833"] One of the problems with these articles is that sportswriters do not have the slightest idea how the legal or business side works. If any other industry formed a cartel with the largest players with the objective of boxing everyone else out, it would be a pretty open and shut case. Sankey's complaint about the timing of the Syracuse letter means that he views the Syracuse letter as a threat, and he is telling the other groups to buzz off. This is a really bad way for Sankey to play it, and it is possible that even his Presidents may decide they are not on board with this kind of power play. They could get in a legal mess that could dwarf the House settlement. Anti-competitive behavior and any kind of price fixing can have criminal penalties in addition to the civil ones. Operating under the assumption that Petitti and Sankey are not reckless and stupid, there must be an end game that does not look like they used their cartel muscle to wipe everyone else out. [/QUOTE]