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I’ve been joking with friends and colleagues about this for years (although in my mind, it was Twitter DMs, or a newsletter).

The fact that CEOs talk to each other has been plainly obvious to me for quite some time. Every single instance of coordination can always be explained away, but the pattern seems rather clear when you take a step back and look at the broader context.

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I don't understand how this doesn't open them up to massive liability but it's sort of an open secret that collusion is only illegal if you fall out of favor with the government these days.

Because in the US they'll counter with 'freedom of speech', which is correct. they are allowed to talk to each other, but not allowed to collude. The state just can't yell 'collusion', they have to gather evidence for that.

I'm not saying they aren't colluding, because by their behaviors it seems like they are, I'm just saying it is much much harder to prove.

Agreed. That'll be the defense for sure.

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