They kind of do. If Facebook and Google suppress their wages and some other comp... | Hacker News

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pydry on May 10, 2023 | parent | context | favorite | on: Microsoft Freezes Salaries for 2023

They kind of do. If Facebook and Google suppress their wages and some other company poaches their best people the buying cartel could easily fall apart.

OPEC suffered from exactly this problem quite early on. It only takes a few defectors of sufficient size.

dclowd9901 on May 11, 2023 | [–]

Ah yes, OPEC, that organization that is poor and enjoys no power whatsoever.

gtirloni on May 11, 2023 | [–]

Shareholders of those companies would demand they do the same.

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