price-fixing :

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price-fixing


  • n  control (by agreement among producers or by government) of the price of a commodity in interstate commerce

  • Before the Senate subcommittee investigating the great electrical price-fixing conspiracy, the boss of the nation's second biggest electrical company last week was both contrite .
  • Retail price-fixing would make it more difficult for him to bring farm prices up to parity with manufactured goods.
  • But was that breast pump part of a widespread price-fixing conspiracy that protected the profits of Babies "R" Us, the country's dominant big-box baby retailer?.
News & Articles

  • Grocers sue alleged potato cartel
    BOISE — A U.S. wholesale grocer says America’s potato farmers have run an illegal price-fixing cartel for a decade, driving up prices while spying on farmers with satellites and aircraft fly-overs to enforce strict limits on how many tubers they can grow.
    June 14, 2013 - The Toledo Blade
  • Apple exec Eddy Cue denies price-fixing allegations at NY e-books trial
    NEW YORK — A top Apple Inc. executive described as Steve Jobs' right-hand man took the witness stand at a Manhattan price-fixing trial and denied scheming with major book publishers to drive up the cost of electronic books.
    June 13, 2013 - Minneapolis-St. Paul Star Tribune
  • Apple Executive Denies Scheming With Publishers At E-Book Price Fixing Trial
    A top Apple Inc. executive described as Steve Jobs’ right-hand man took the witness stand at a Manhattan price-fixing trial and denied scheming with major book publishers to drive up the cost of electronic books.
    June 13, 2013 - CBS San Francisco
Quotes

  • Jerry Brown in Los Angeles Times (blog)
    The large price tag of this settlement should serve as a warning that we will crack down on any manufacturers around the world that choose to gouge consumers through illegal price-fixing schemes,Brown said.
  • Thomas PM Barnett in AFP
    This price-fixing conspiracy inflicted a heavy toll on American businesses and consumers,a senior Justice Department antitrust official, Thomas Barnett, said of the JAL settlement.

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