Re: Response from Premier Reticles ref: Liberty Optics
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Fx1</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: 300sniper</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Fx1</div><div class="ubbcode-body"><span style="text-decoration: underline"><span style="font-weight: bold">Legal status in the United States and Can</span>ada</span>
In the United States, price fixing can be prosecuted as a criminal federal offense under section 1 of the Sherman Antitrust Act.[2] Criminal prosecutions may only be handled by the U.S. Department of Justice, but the Federal Trade Commission also has jurisdiction for civil antitrust violations. Many State Attorneys General also bring antitrust cases and have antitrust offices, such as Virginia, New York, and California. Private individuals or organizations can bring their own lawsuits for triple damages for antitrust violations and also recover attorneys fees..[3]
Colluding on price amongst competitors, also known as horizontal price fixing, is viewed as a per se violation of the Sherman Act regardless of the market impact or alleged efficiency of the action. In 2007, the U.S. Supreme Court ruled that vertical price fixing by a manufacturer and its retailers, also known as retail price maintenance, is not a per se violation.
Under American law, exchanging prices among competitors can also violate the antitrust laws. This includes exchanging prices with either the intent to fix prices or if the exchange affects the prices individual competitors set. Proof that competitors have shared prices can be used as part of the evidence of an illegal price fixing agreement.[4] Experts generally advise that competitors avoid even the appearance of agreeing on price.[5]
In Canada, it is an indictable criminal offence under section 45 of the Competition Act. Bid rigging is considered a form of price fixing and is illegal in both the United States (s.1 Sherman Act) and Canada (s.47 Competition Act). <span style="text-decoration: underline"><span style="font-weight: bold">In the United States, agreements to fix, raise, lower, stabilize, or otherwise set a price are illegal per se.[6] It does not matter if the price agreed upon is reasonable or for a good or altruistic cause; or if the agreement is explicit and formal or unspoken and tacit. In the United States, price-fixing also includes agreements to hold prices the same, discount prices (even if based on financial need or income), set credit terms, agree on a price schedule or scale, adopt a common formula to figure prices, banning price advertising, or agreeing to adhere to prices that one announ</span>ces</span>.[7] Although price fixing usually means sellers agreeing on price, it can also include agreements among buyers to fix the price at which they will buy products.
Class Action anyone? </div></div>
now look up the definition of "price fixing" as related to your post. show me where it says that a single manufacture requiring it's dealers to sell at a certain price is illegal.
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Fx1</div><div class="ubbcode-body">
Anyone who has bought a Premier regardless of price they paid has been a victim of this price fixing scam.
Premier & ATI are the only companies stupid enough to admit this on the internet and post a pretty water tight confession.
Regardless of who else is doing it. </div></div>
scam? how do you figure?</div></div>
Price Fixing
The agreement to inhibit price competition by raising, depressing, fixing, or stabilizing prices is the most serious example of a per se violation under the Sherman Act. Under the act, it is immaterial whether the fixed prices are set at a maximum price, a minimum price, the actual cost, or the fair market price. It is also immaterial under the law whether the fixed price is reasonable.
All horizontal and vertical price-fixing agreements are illegal per se. Horizontal price-fixing agreements include agreements among sellers to establish maximum or minimum prices on certain goods or services. This can also include competitors' changing their prices simultaneously in some circumstances. Also significant is the fact that horizontal price-fixing agreements may be direct or indirect and still be illegal. Thus, a promotion or discount that is tied closely to price cannot be raised, depressed, fixed, or stabilized, without a Sherman Act violation. Vertical price-fixing agreements include situations where a wholesaler mandates the minimum or maximum price at which retailers may sell certain products.
Its pretty damn clear right from
http://legal-dictionary.thefreedictionary.com/Price+Fixing
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well then if you believe a SINGLE manufacture dictating what it's dealers can sell it's product for is illegal still today, you better call your lawyer to get that class action suit going. or is that just something you want someone else to do?
