The Organization You Work For Is Under Investigation For Price Fixing. You Have Been Asked By Your Manager To Gather Some Information On Recent Price Fixing Cases To Help Your Company Defend Itself.

Price Fixing and the FTCPrice Fixing and the FTCThe case was released in the mid-2006 , where the federal foxiness guardianship has declared that they are challenging the members of the Puerto anti-racketeering right Association of Endodontists , Corporation or the PRAE ADDIN EN .CITE committalsFederal quite a little boots FTC Charges Puerto anti-racketeering fairness Endodontists With Price Fixing2007August 42006http /www .ftc .gov /opa /2006 /07 /prendo .shtm (Commissions , 2006 . This is because of alleged price-fixing collaborations that they would be charging on some(prenominal) policy policies and dental services that they offer . They be in possession of collaborated and do agreements with 30 some new(prenominal) competitors , wherein they fixed their prices at the expense of their consumers . Because of this the FTC was check to a complaint against this corporation since it decreases the competition in the midst of these companies , so higher costs admit be imposed on the consumers . This is a clear violation of the Federal Trade Commission Act , Section number 5 . In for this debate to be resolved , The Puerto Rico Association of Endodontists , Corp . for place around have to refrain from involving in matters that promote anti agonistical conduct in the coming yearsThrough this , the Federal Trade Commission will be able to make certainly that these dental services and other necessary health tutelage issues will be abandoned and addressed for the consumers at prices that they could put up with . Keeping a competitive environment in the spot of health care will open up break out opportunities for the people , along with turn away competitive prices . let healthcare be monopolized will lead to higher price and less maintenance , and would really be a excite to the peo ple , the consumers .

That s why these health care providers and producers should not playact as one they should not collaborate with each other in their pricing , because it takes away the aspect of competitiveness between themThe complaints against Puerto Rico Association of Endodontists Corporation shows that in the year 2003 , the smart set has already began its bargaining with their competitors , thus resulting to the drastic increase in five dental plans already . other increase occurred during 2004 , wherein the prices overly went up because of their bargaining Because of these actions the ones who were jeopardized were the people they were the ones who carried the burden of increased rate , since these health care issues is a exigency for everyone . The Federal Trade Commission analyzed that these drastic changes in prices have no whatsoever effect on the woodland of services offered by the company thus the additional prices were not really excusable . It doesn t lead to a better quality of health care , thus , it is only a pine in the dowery of the consumersGiven the situation , the Federal Trade Commission proposed a admit which will be solve the line at lapse . This will hopefully relieve the rival of the alleged anticompetitive actions by the Puerto Rico Association of Endodontists , Corporation and come on stay fresh it from happening again . It would then hinder the company to have any settlements or agreements with other endodontists...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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