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.

  • mystik@lemmy.world
    0·
    9 months ago

    Price fixing is a problem because of the power imbalance between businesses selling products, and individual consumers that need to buy them.

    Worker unions are a solution to that power imbalance.

  • heartfelthumburger@sopuli.xyz
    0·
    9 months ago

    More like it guarantees a minimum wage. Not sure how it works in the US, but where I’m from you still negotiate your pay even if you’re a member of a union.