Price fixing: Difference between revisions
see also - financial censorship, etc. |
Added archive URLs for 2 citation(s) using CRWCitationBot |
||
| Line 1: | Line 1: | ||
{{StubNotice}} | {{StubNotice}} | ||
'''Price fixing''' is determined by the Federal Trade Commission (FTC) as<blockquote>An agreement (written, verbal, or inferred from conduct) among competitors to raise, lower, maintain, or stabilize prices or price levels.<ref name=":0">{{Cite web |last=Federal Trade Commission |title=Price Fixing |url=https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/dealings-competitors/price-fixing |access-date=Mar 24, 2025 |website=ftc.gov}}</ref></blockquote>This agreement often is used as a [[dark pattern]] among companies established among various industries to harm consumers, despite its illegal status within the United States and its territories.<ref name=":0" /> | '''Price fixing''' is determined by the Federal Trade Commission (FTC) as<blockquote>An agreement (written, verbal, or inferred from conduct) among competitors to raise, lower, maintain, or stabilize prices or price levels.<ref name=":0">{{Cite web |last=Federal Trade Commission |title=Price Fixing |url=https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/dealings-competitors/price-fixing |access-date=Mar 24, 2025 |website=ftc.gov |archive-url=http://web.archive.org/web/20260103062313/https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/dealings-competitors/price-fixing |archive-date=3 Jan 2026}}</ref></blockquote>This agreement often is used as a [[dark pattern]] among companies established among various industries to harm consumers, despite its illegal status within the United States and its territories.<ref name=":0" /> | ||
==How it works== | ==How it works== | ||
| Line 12: | Line 12: | ||
===Refusal of service=== | ===Refusal of service=== | ||
Cases, such as in Puerto Rico with optometrists,<ref name=":1">{{Cite web |last=Federal Trade Commission |date=Sep 11, 2007 |title=Colegio de Optometras, Edgar Davila Garcia, O.D., and Carlos Rivera Alonso, O.D., In the Matter of |url=https://www.ftc.gov/legal-library/browse/cases-proceedings/051-0044-colegio-de-optometras-edgar-davila-garcia-od-carlos-rivera-alonso-od-matter |access-date=Mar 24, 2025 |website=ftc.gov}}</ref> have occurred where unless contracts were on collectively agreed-upon terms from the companies, that these contracts were refused or threatened to be refused. This can corner consumers to agree to unfavorable terms, such as [[forced arbitration]], to access a product or service. | Cases, such as in Puerto Rico with optometrists,<ref name=":1">{{Cite web |last=Federal Trade Commission |date=Sep 11, 2007 |title=Colegio de Optometras, Edgar Davila Garcia, O.D., and Carlos Rivera Alonso, O.D., In the Matter of |url=https://www.ftc.gov/legal-library/browse/cases-proceedings/051-0044-colegio-de-optometras-edgar-davila-garcia-od-carlos-rivera-alonso-od-matter |access-date=Mar 24, 2025 |website=ftc.gov |archive-url=http://web.archive.org/web/20250713084131/https://www.ftc.gov/legal-library/browse/cases-proceedings/051-0044-colegio-de-optometras-edgar-davila-garcia-od-carlos-rivera-alonso-od-matter |archive-date=13 Jul 2025}}</ref> have occurred where unless contracts were on collectively agreed-upon terms from the companies, that these contracts were refused or threatened to be refused. This can corner consumers to agree to unfavorable terms, such as [[forced arbitration]], to access a product or service. | ||
==Examples== | ==Examples== | ||