Although this structure is perhaps the safest way to avoid price-fixing
exposure, ancillary legal issues may arise, including the corporate practice of medicine doctrine (discussed below) and licensing issues under state insurance or other regulatory laws.
In ChoiceCare, a group of physicians claimed that the plan, which was physician-controlled, had engaged in unlawful price-fixing
through its maximum fee schedules.
Since June 20, when the Enterprise Act came into force, any agreement between competitors to fix resale prices in the UK has also become a criminal offence and the directors of any company engaged in price-fixing
are vulnerable to being disqualified for up to 15 years.
Glanbia, which denies the claims, was alleged to be the "driving force" behind the price-fixing
while Dairygold was also a key player.
The Premiership clubs promised the OFT two years ago that they would end price-fixing
and that prices would fall by up to a third.
The Justice Department has been investigating price-fixing
for graphite electrodes, used in electric arc furnaces to make steel, for several years now.
O'Connor also noted that it remained illegal for manufacturers to impose minimum prices on dealers - a version of price-fixing
that is still automatically prohibited.
Glanbia, the largest milk supplier in the Irish Republic, and Sligo Dairies have undertaken in the High Court in Dublin not to enter into any price-fixing
agreement on the retail price of milk.
John Vickers, director general of fair trading, said: 'This case shows how leniency arrangements help uncover price-fixing
agreements, which distort competition and keep prices artificially high.
comes just months after the FA publicly promised the OFT that it would help stamp out corruption in the pounds 250million-a-year replica kit market.
BOSTON -- In a landmark court ruling, the Massachusetts Supreme Judicial Court today ruled that Massachusetts consumers can sue companies engaged in price-fixing
for damages under the State's Consumer Protection Act.
for allegedly aiding and abetting UCAR's price-fixing
of graphite electrodes for use in steel production.