Sanjay Mehrotra said the industry suffered from low prices, leaving companies with insufficient funds to expand production.
Too bad that companies expecting massive profits from certain investments can't get a credit for them! Nope, all out of money!
So, the argument is, "the markets forced us to collude and price fix!"?
Sounds like "blame the victim" mentality to be honest.
If my Granda had wheels she'd be a bicycle