> Yes, that's why you need to organize. That stops the race to the bottom. This is exactly why strike breakers are looked down upon and why companies used to bring in 'scabs' to break strikes. To push that race to the bottom that much further.
Funnily enough, what he's describing is called "price fixing" and is illegal. The "race to the bottom" is competition keeping prices low for consumers and is a feature, not a bug.