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Pastimes : Don't Ask Rambi -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (24901)5/18/1999 10:26:00 PM
From: nihil  Read Replies (1) | Respond to of 71178
 
It's price fixing, which is per se illegal everywhere ("any combination or conspiracy in restraint of trade --- no one has to be injured for a combination to be illegal). Second, it's theft from the seller of the item who gets less than he would receive from open competition. Third, it's bid rigging (unfair competition. You may have been a defense attorney too long <g>.



To: Ilaine who wrote (24901)5/18/1999 10:28:00 PM
From: DScottD  Read Replies (1) | Respond to of 71178
 
Price collusion is also known as price fixing, which is a per se violation of the Sherman Act regardless of the actual effect on the market.


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