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this post was submitted on 09 Aug 2023
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Generally it's price setting:
"Hey, we're raising our overdraft fees, but we're afraid we will lose too much business. Any chance you feel like raising your overdraft fees by the same amount on the same day?"
If you remember when computer RAM was incredibly expensive - that turned out to be coordinated price fixing by the biggest companies that make computer RAM.
If you bought a gaming PC between about 2000 and 2010, you're about an inflation adjusted $400.00 poorer (per computer) due to their illegal price fixing.
Disclaimer: ball park guess numbers and dates.
Ugh. RAM was so expensive when I was building my first PC. I think I remember paying like $200 for 128MB. That was like 1/3 the cost of the PC.