Three Easy Lessons in Anti-trust Economics

Several months ago, I posted Anti-trust in two easy lessons:

(1) you must compete;

(2) you must not win.

Here are three more lessons to learn about anti-trust economics:

1. If you charge less than everybody else, it is called unfair competition.
2. If you charge more than everybody else, it is called price gouging.
3. If you charge the same as everybody else, it is called collusion.

UPDATE: Tom Luongo adds, "And when you have all three things at the same time it's called a public utility."