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Bookmark or Share- Concrete bosses jailed for years-long price-fixing scamThe court previously sentenced Strickland to five months in prison and to pay $150,000 fine, Pedrick to one year of probation, and Evans Concrete to pay a $2.7m fine. Argos USA LLC paid a $20m criminal penalty as part of its DPA. According to court documents, the defendants effectuated their conspiracy by coordinating the issuance of price ...
- The Great Electrical Equipment Conspiracy - Reason.comUndoubtedly the most celebrated price fixing antitrust case of modern times is the electrical equipment manufacturers price conspiracy, decided in 1961 (1). Involved were some of the...
- Price Fixing - Federal Trade CommissionWhen competitors agree to restrict competition, the result is often higher prices. Price fixing also includes agreements among competing purchasers or competing employers about the prices or wages they will pay. Price fixing is a major concern of government antitrust enforcement.
- We Found That Landlords Could Be Using Algorithms to Fix Rent Prices ...A group of senators are set to introduce legislation Tuesday that would make it illegal for landlords to use algorithms to artificially inflate the price of rent or reduce the supply of housing.
- Price fixing - WikipediaThe defining characteristic of price fixing is any agreement regarding price, whether expressed or implied. Price fixing requires a conspiracy between sellers or buyers. The purpose is to coordinate pricing for mutual benefit of the traders.
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