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Price fixing is an anticompetitive agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand.
The price of wood pulp has fallen by half from its post-pandemic peak, yet diaper prices haven't. “So that just increases the (profit) margins for both the manufacturers and the retailers ...
Predatory pricing is a commercial pricing strategy which involves the use of large scale undercutting to eliminate competition. This is where an industry dominant firm with sizable market power will deliberately reduce the prices of a product or service to loss-making levels to attract all consumers and create a monopoly. [1]
Price-fixing is a very simple type of fraud where the principals who publish a price or indicator conspire to set it falsely and benefit their own interests. The Libor scandal for example, involved bankers setting the Libor rate to benefit their trader's portfolios or to make certain entities appear more creditworthy than they were.
An international group of vitamin manufacturers that allegedly carried a price-fixing conspiracy over the course of 12 years has agreed to pay over $25 million to settle a class action lawsuit by ...
Economists and lawmakers are warning that high inflation is providing companies with an excuse to telegraph price increases during earnings calls, reducing market competition and compounding the ...
Price gouging is a pejorative term used to refer to the practice of increasing the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair by some. This commonly applies to price increases of basic necessities after natural disasters. Usually, this event occurs after a demand or supply shock.
The state of Maryland is taking on price-fixing manufacturers with a new law that prohibits manufacturers from requiring retailers to charge a certain minimum price for products.The Wall Street ...