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Old 12th June 2019, 21:20   #433
bl52krz
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Hi Steve. A short lesson I found out about at the company I worked at, and I believe goes on in insurance companies NOW. Consider this. A cartel run between companies is illegal! So why is nothing ever done about it? Answer:- because in one way or another, they are all at it. How it works. Companies A. B. C. D. This year company A puts their prices up by 20%. They lose 20% of customers. The rest, company B C D only put there prices up by 10%. They gather in those that leave company A. Second year, company B puts their prices up by 20%, and companies A C D only put their prices up by 12.5%. They again mop up the customers from company B. This is repeated each year. I mapped a company, nameless, and over 10 years, prices rose by almost 270%. Dry good way of forcing up prices. And what again, I ask, does the government do about it? NOTHING. And they cannot say that they do not know about it, because I notified them of the companies involved. Democracy is the same word as in Russian.
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