Something I don’t really have a good explanation for (besides the obvious bribery)
How do the Saudis and their OPEC get away with openly saying they are a Cartel and price fixing?
Google price fixing and you’ll find numerous entries where charges and fines were levied against Toyota, Motorola, Nokia, etc eta. Can anyone imagine if all the computer manufacturers formed a cartel and fixed prices?
How do the sand monkeys get away with this?
What authority would bring a conspiracy charge ?
What court would hear the case ?
It’s the difference between a company versus a country. There is no outside legal authority for a country, in terms of a cartel.
BUT, right now the Saudis are not price fixing ... they’re letting the prices go where they will.