Wednesday, April 24, 2013

Price Fixing

Price Fixing Price secureness is defined as, an concord in which two firms coordinate their pricing decisions. (OSullivan & Sheffrin, 2003). The value fixing case I chose was regarding Brown and Toland Medical sort out. The confederacy is a multi-specialty, for-profit San Francisco-based independent physicians association (Rauber, 2004). Brown and Toland Medical Group was charged by the FTC with violating federal antitrust laws by fixing prices and other impairment under which it would contract with insurance companies for like provider organization (PPO) enrollees.
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The FTC contends that the company had physicians agree on prices and terms they would enter contracts with heath plans or third-party payers. The company also allegedly told doctors to terminate any pre-existing contracts. Then they asked others to join in their price-fixing agreement. This would raise prices for physician services in their home townspeople San Francisco. The FTC proposed a consent agreement that ba...If you want to get a full essay, order it on our website: Ordercustompaper.com

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