Price Fixing
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Title: Price Fixing

Essay Details:

Subject: Business
Author: Jason S
Date: January 2, 2014
Level: University
Grade: B
Length: 1 / 263

Essay text:

The company also allegedly told doctors to terminate any pre-existing contracts. Then they asked others to join in their price-fixing agreement. This would raise prices for physician services in their home town San Francisco. The FTC proposed a consent agreement that bars Brown and Toland from: ? Negotiating with any payer on behalf of any physician. ? Dealing or refusing to deal with any payer based on price or other terms ? Jointly determining price or other terms upon which any physician deals with payers Another stipulation of the consent agreement is that Brown & Toland to notify the FTC at least 60 days before entering into any arrangement with physicians or contacting any payer, except for those arrangements under which Brown & Toland will be paid a capitated amount, and contains standard recordkeeping provisions to assist the FTC in monitoring the respondent's compliance(www...

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