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 ?
For example, authorities should reward firms that confess to cartel participation if they turn in their employees who participated in the price fixing.
All of these findings amounted to illegal price fixing and a federal antitrust violation.
As few countries have an offence of price fixing equivalent to our cartel offence under the Enterprise Act, it was thought that requests for extradition were only likely to come from a handful of countries.
Every year of the "but for" projection was based on the 1,609 actual 1981 tonnage, since the plaintiff alleged price fixing began to occur in 1982.
Although it is no longer a requirement of our cartel laws that it be established that price fixing occurred in a market in Australia, this decision is significant because it confirms the ACCCs view that the conduct by the airlines in fixing air cargo surcharges to be paid by Australian importers and ultimately passed on to Australian consumers, were caught by Australian competition laws.
While the price-fixing investigation has primarily been linked to carriers, the DoJ convinced six freight forwarders to plead guilty to price fixing on Sept.
Judgment-Sharing Agreements Undermine Deterrence of Price Fixing C.
Government watchdog the Office of Fair Trading is offering the money following its exposure of a pounds 270million price fixing scandal between dairy companies and supermarkets Asda and Sainsbury's.
South African Airways has been fined ZAR55m for price fixing and abusing its market position, according to South Africa's Competition Commission.
A Birmingham law firm is warning local businesses to avoid falling foul of the Competition Act as the Office of Fair Trading clamps down on price fixing with record fines.
The raiders were in search of evidence of cartel agreements and related illegal practices concerning price fixing and market sharing.