Moreover, the fact that Director and Levi justified collusion in the form of price fixing in some instances is a violation of classical liberalism, which argued that prices must adjust freely to reach a competitive equilibrium and reflect underlying social scarcities. A threat to freely adjusting prices was thenceforth treated as tantamount to a threat to freedom.

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 1149