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timschmidtyesterday at 9:07 PM2 repliesview on HN

I don't disagree per-se, but this is the sort of thing which happens when only a few businesses exist in a commodity market with high entry costs. IOW, it's not great, but it is predictable. See: Oil.


Replies

HPsquaredyesterday at 9:30 PM

Looking forward to the "Organization of Processor-Etching Corporations".

venturecrueltyyesterday at 9:45 PM

It's not just predictable, it's illegal. Of course, if you have an executive that actually cares about enforcing the law.