Price Fixing & Competition Law
One of the fundamental underpinnings of our economy is that competition among businesses is beneficial for society. It drives efficiency and innovation and results in consumers and businesses receiving better products at a lower price. Conversely, when companies reach agreements not to compete but instead act together to raise prices, reduce supply or allocate markets and customers, consumers are harmed by having to pay higher prices for inferior goods.
One of the fundamental underpinnings of our economy is that competition among businesses is beneficial for society. It drives efficiency and innovation and results in consumers and businesses receiving better products at a lower price. Conversely, when companies reach agreements not to compete but instead act together to raise prices, reduce supply or allocate markets and customers, consumers are harmed by having to pay higher prices for inferior goods.
