Corporate Collusion Quotes
General Electric had a bad history of illegal price fixing at that time. They would tell retailers what they should charge for their utilities like refrigerators or dish washers, and if the retailer discounted the price, GE would refuse to ship them any more merchandise. Later they bribed foreign government officials to buy their jet engines for more than the competitive price on the market. The relative size of the immoral and illegal rip-offs of GE and Hoffman’s group was never really relevant and no excuse for the Yippies.