10-06-2005, 05:38 PM
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#8
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Registered User
Join Date: Feb 2003
Location: Here and There Seasonally
Posts: 5,985
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Quote:
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Originally Posted by Redsoxticket
The owner of Mobil #1, Hussein calls his brother in-law Hamid the owner of Mobil #2 who then calls the owner of Mobil #3, Mr. White and they all agree to raise the price.
It will not appear to be price gouging because they all agree so as not to be obvious to the state inspectors.
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Doesn't that constitute price fixing? |
He that would make his own liberty secure, must guard even his enemy from oppression; for if he violates this duty, he establishes a precedent that will reach to himself.
Thomas Paine
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