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Has any contractors ever heard of price-fixing in this industry?
Below are Wikipedia defintitions...lol ...sounds pretty durn familiar to this reader.
[B]Price fixing[/B] is an agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand. The group of market makers involved in price fixing is sometimes referred to as a cartel.
Competition law, known in the United States as antitrust law, is law that promotes or maintains market competition by regulating anti-competitive conduct by companies.[1]
Below are Wikipedia defintitions...lol ...sounds pretty durn familiar to this reader.
[B]Price fixing[/B] is an agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand. The group of market makers involved in price fixing is sometimes referred to as a cartel.
Competition law, known in the United States as antitrust law, is law that promotes or maintains market competition by regulating anti-competitive conduct by companies.[1]