The organization you work for is under investigation for price fixing. You have been asked by your manager to gather some information on recent price fixing cases to help your company defend itself.
Visit the website for the U.S. Federal Trade Commission to get the facts on the most recent price fixing cases. Click on the Search icon, and do a search of News Releases using the words "price fixing." Write a 2-3 paragraph description of a recent price-fixing case.
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In July, 2006, the Federal Trade Commission charged a professional association of endodontists with price fixing. The FTC believes that the 30 competing members of the Puerto Rico Association of Endodontists, Corp. (PRAE) colluded to set prices charged to insurers and to refuse to work with plans that refused the set prices.
This solution provides a 3 paragraph discussion of a price-fixing case.