Price fixing is an agreement (written, verbal, or inferred from conduct) among competitors to raise, lower, maintain, or stabilize prices or price levels.

Apr 1, 2025 · FTC Reaches Record Financial Settlement To Settle Charges of Price-fixing in Generic Drug Market

The FTC takes action to stop and prevent unfair business practices that are likely to reduce competition and lead to higher prices, reduced quality or levels of service, or less innovation. Anticompetitive practices include activities like price fixing , group boycotts, and exclusionary exclusive dealing contracts or trade association rules ...

Mar 28, 2024 · The agencies recently filed a statement of interest in an algorithmic price-fixing case in the residential housing market, and the Justice Department’s Antitrust Division filed a statement of interest and memorandum of law in another real …

Price Discrimination: Robinson-Patman Violations Mergers Whenever business contracts are awarded by means of soliciting competitive bids, coordination among bidders undermines the bidding process and can be illegal.

For the most blatant agreements not to compete, such as price fixing, bid rigging, and market division, the rules are clear. The courts decided many years ago that these practices are so inherently harmful to consumers that they are always illegal, so-called per se violations.

Sep 20, 2024 · The FTC’s administrative action seeks to put an end to the Big Three PBMs’ exploitative conduct and marks an important step in fixing a broken system—a fix that could ripple beyond the insulin market and restore healthy competition to …

Removing all of the financial incentive for a retailer to set a price below the suggested minimums. American Cyanamid -- FTC Consent Alleging Minimum Resale Price Agreement. Last year the FTC issued a complaint and consent alleging that American Cyanamid fixed the minimum resale prices of its agricultural chemical products.

Reasonable price, territory, and customer restrictions on dealers are legal. Manufacturer-imposed requirements can benefit consumers by increasing competition among different brands ( interbrand competition ) even while reducing competition among dealers in the same brand ( intrabrand competition ).

For instance, it is illegal to use a trade association to control or suggest prices of members. It is illegal to use information-sharing programs, or standardized contracts, operating hours, accounting, safety codes, or transportation methods, as a disguised means of fixing prices.