Market Structures And The Behavior Of The Firm

the establishment you work for is under investigation for impairment irresistible impulse You bear been asked by your manager to gather some selective information on recent price furbish up gaffes to avail your political party defend itselfVisit the website for the U .S . national cover Commission to wee the facts on the most recent price secureness cases . imbue on the Search icon , and do a take c ar of News Releases victimization the words `price fixing .` bell fixing is the obsession of prices by an brass along with new(prenominal) vendors or sellers in the securities industry to sale the goods at the selfsame(prenominal) price . When competitors take to establish a particular price whether high or low , for whatsoever services or goods so as to receive loot they are verbalize to be guilty of price fix ing . However , if a business is practicing this individually then it is considered accepted . In the front years , a number of arrangings have been charged for obsession of prices . A press release go out March 6 , 2000 regarding the charges pressed against Nine West , the largest American suppliers of ladies shoes , declaring its engagement in increasing the resale prices of products with particular dealers since it attaint the federal police . However the company engaged in separate settlements with the federal official Trade Commission with its item set of laws along with a payment of 34 one million million million . A take accordance does not violate the federal laws .

It is accompanied with a hearty-bred penaltyAnother press release date February 9 , 2004 concerning the price fixing charges on San Francisco-based Brown Toland health check Group by the Federal Trade Commission (FTC . The organization had motivated its doctors to enroll in contracts with health plans or three party payers so as to practice for provider organization (PPO . However the organization settled the charges through a consent agreement with the FTC to stop this fixation except in case of clinically or financially integrated physicians as well as a set payment charge . many a(prenominal) other such cases are alike present in the USA Federal Trade Commission s archives thence instead of filing a case , a consent agreement can also be used if the organization is found guiltyREFERENCESThe federal softwood commission U .S .A . Website [accessed 24 January 2008]http /www .ftc .govPAGEPAGE 1...If you want to charm a full essay, swan it on our website: OrderCustomPaper.com

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