When is price fixing not illegal price fixing? When it’s done by the government.
When is price fixing illegal price fixing? When it’s done by anybody else.
Justice Department has unambiguously stated that refusal to accept government price controls is a form of illegal “price fixing.”
–Christian Science Monitor 5/31/2010
In an landmark decision, the Justice Department has ruled that under the Sherman Antitrust Act, a group of Idaho orthopedists are guilty of conspiracy and price fixing. In this particular instance, the defendants were prosecuted under civil jurisdiction, but under antitrust law, it could just as easily been tried as a criminal case!
Read the rest here.