Showerthoughts

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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The best ones are thoughts that many people can relate to and they find something funny or interesting in regular stuff.

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Worker union seem like a type of price fixing (sh.itjust.works)

submitted 1 month ago by letme_meowmeow@sh.itjust.works to c/showerthoughts@lemmy.world

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So, when company, factory owner, or who sell service/good get together, and talk how much they will charge consumer, it is price fixing.

So, I just thinking, worker are those who sell larbor. Worker band together, which we call worker union, to decide how much they should ask from their employer, seem similar to price fixing.

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[–] Noel_Skum@sh.itjust.works 9 points 1 month ago

Price fixing doesn’t mean setting a fair or reasonable price for your product. Price fixing is the - usually - illegal practice of artificially raising your product’s price by means of market manipulation or similar. Union wage negotiations are more a form of collective bargaining.