price fixing

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price fixing

Physician practice The illegal practice by a group of health care providers of establishing a standard price for procedures, thus creating a monopoly on a particular market segment
References in periodicals archive ?
A possible impediment to adopting an integrated, risk-sharing MCV (which is one way to avoid antitrust price-fixing issues) is the corporate practice of medicine doctrine, which goes back decades in one form or another in a number of states.
Any companies engaging in price-fixing in the UK are now playing for very high stakes
The claims were backed up by documents which show price-fixing and market-sharing, according to Prime Time.
Last time round, the OFT could only ask firms found guilty of price-fixing not to do it again.
Mitsubishi is accused of being asked by UCAR to give tips on price-fixing when stakeholders met to determine U.
The allegations relate to the late 1990s, when milk price-fixing claims were the subject of an investigation by an RTE current affairs programme.
The fines are the biggest by the OFT for price-fixing under powers provided by the Competition Act 1998.
The price-fixing practices in question were committed in the period between 1992 and 1997, UCAR said.
They believe executives who fail to comply with new regulations designed to stop price-fixing should face a spell behind bars.
It was the first time the court had carved an exception to the general ban on price-fixing.
3 million) in fines levied by the South African Competition Commission for price-fixing violations.