price-fixing


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price-fixing

the setting of prices by agreement among producers and distributors
References in periodicals archive ?
For most of the first half of the twentieth century, price-fixing cartels controlled international trade in important commodities, from steel and aluminum to coffee and sugar.
The Anti-Monopoly Service sees signs of price-fixing violations in the Russian Federation at Apple iPhone resellers, which resulted in the same prices for these smartphones," said Russia's Federal Anti-Monopoly Services (FAS) in a statement, reports (http://www.
The appellate court held that plaintiffs had adequately alleged antitrust injury on the grounds that: (1) horizontal price-fixing constitutes a per se antitrust violation; (2) a plaintiff alleging a per se antitrust violation need not separately plead harm to competition; and (3) a consumer who pays a higher price on account of horizontal price-fixing suffers antitrust injury.
The iPhone maker reached an out-of-court settlement in a case in which it was being sued by consumers, who overpaid for e-books due to price-fixing between the tech giant and publishers, the BBC reports.
For more coverage of price-fixing controversies on InsideCounsel, see: Apple conspired to raise e-book prices, judge says FTC reportedly launches oil price-fixing investigation Canada accuses Nestle and Mars of price-fixing chocolate Judge orders Dow Chemical to pay $1.
China has not alleged collusion among the companies in setting prices, known as horizontal price-fixing.
In Re Florida Cement and Concrete Antitrust Litigation emerged in January 2010 from complaints alleging that 10 integrated cement and ready mixed concrete producers had engaged in a price-fixing and market allocation conspiracy throughout Florida, dating to at least 2000.
The OFT was forced into embarrassing climb-downs by the CAT over its probe into price-fixing in tobacco and the collapse of a criminal trial related to its allegations of price-fixing by British Airways.
1 million fine for bid rigging and price-fixing for the sale of optical disk drivers from June 2004 to September 2009, the U.
TELECOMWORLDWIRE-20 May 2010-Toshiba and others fined in Europe over price-fixing of DRAM chips(C)1994-2010 M2 COMMUNICATIONS http://www.
lt;p>That companies LG, Sharp and Hitachi have already pleaded guilty to price-fixing on LCD displays and paid fines in an investigation headed by the U.
for its involvement in a marine hose price-fixing cartel.