The big problem with medicine is its cost, and a big part of its costs stem from the fact that medicine has become a government-cosseted cartel and racket, engaging in price fixing and exclusion of competition. 361 more words
Tags » Price Fixing
Bumble Bee Foods, one of the nation’s largest producers of canned tuna, has agreed to plead guilty to federal criminal charges that it conspired with competing companies to fix the price of this common pantry seafood item. 220 more words
A major brand of canned tuna has been caught fixing prices that cost consumers more at the store.
Bumble Bee Foods LLC has agreed to pay… 312 more words
One of the beliefs that governments and regulators have is that they can control prices. All that is needed is a government decree fixing the price of a particular product and everything will fall into place. 673 more words
Apple has run into some trouble in Russia.
The country’s antitrust watchdog, the Federal Antimonopoly Service (FAS), found Apple guilty on Tuesday of iPhone price-fixing in the country. 299 more words
”Russia, the land of ballet, borscht, and the world’s largest ceremonial bell, is apparently also home to practices of a more unsavory sort — price fixing,” Kyle Wiggers reports for Digital Trends. 221 more words