Originally Posted by pauldovi
Unfair? I don't know what perfect world you live it, but capitalism is all about finding the dumb guy and selling him something for a lot more than it cost you to make. I congratulate companies for ripping people off. If you want the video cards to be cheaper, organize a nationwide boycott.
Capitalism is also about competition when multiple companies are trying to sell to the same dumb guy. When companies conspire to keep prices high, the laws of competition break down and you basically have a monopoly, even though there are two companies. They price as one - so there is no alternative to highly priced items for the consumer.
We do not have a purely capitalist economy. If we did, we would all use Bell Atlantic as our phone company. The government realizes that pure capitalism ends up with what we have here - companies acting as cartels to rip off customers who have no alternative. You only aren't outraged because the prices have been gradually increasing. If cards suddenly went from what they are worth to what they cost now - you would realize that we are getting ripped off.
Of course I could be wrong - a high end card may consistently cost ~$500/card with R+D costs. In that case - that will become clear and the investigators will find that price-fixing was not taking place. Somehow I doubt that will happen, though.