To: SatinDoll
If this price-fixing, which is supposed to be a felony under 15 USC was to be stopped then the drug would cost $25/bottlePrice fixing is an agreement (written, verbal, or inferred from conduct) among competitors that raises, lowers, or stabilizes prices or competitive terms. Generally, the antitrust laws require that each company establish prices and other terms on its own, without agreeing with a competitor.
https://www.ftc.gov/tips-advice/competition-guidance/guide-antitrust-laws/dealings-competitors/price-fixing
Looks like Karl has an incorrect definition of price-fixing.
9 posted on
05/09/2016 7:20:13 AM PDT by
Toddsterpatriot
("Telling the government to lower trade barriers to zero...is government interference" central_va)
To: Toddsterpatriot
Ah, there was not a ‘love’ of candidate, or charity purposes that Johnson&Johnson was Jeb Bush's super pac donor. What is NOT disclosed is that via legislation these big pharma donors are reimbursed their millions for candidates they purchase. That is the ‘racket’.
19 posted on
05/09/2016 7:37:38 AM PDT by
Just mythoughts
(Jesus said Luke 17:32 Remember Lot's wife.)
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