The free market is designed for this. If the bulb lasts 5000 hours, but burns 1/2 as bright, consumers can easily decide what they prefer.
And further, the cartel did not have exceptions for product enhancements, or improvements, which might have enabled > 1000 hrs without any drawbacks.
Why are people defending this cartel? Market collusion is generally frowned upon.
The standards were set around what could be sold as a standard lightbulb.
The free market is designed for this. If the bulb lasts 5000 hours, but burns 1/2 as bright, consumers can easily decide what they prefer.
And further, the cartel did not have exceptions for product enhancements, or improvements, which might have enabled > 1000 hrs without any drawbacks.
Why are people defending this cartel? Market collusion is generally frowned upon.