Formula One Shops

[Guest vclimber]

Here I went over to the University of Google and got this:

Price fixing is an agreement between business competitors selling the same product or service regarding its pricing. In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers. Price-fixing can also involve any agreement to fix, peg, discount or stabilize prices. The principal feature is any agreement on price, whether express or implied. For the buyer, meanwhile, the practice results in a phenomenon similar to price gouging.

Methods of price fixing can include selling at a common target price; setting a common "minimum" price; buying the product from a supplier at a specified "maximum" price; adhering to a price book or list price; engagement in cooperative price advertising; standardizing financial credit terms offered to purchasers; using uniform trade-in allowances; limiting discounts; discontinuing a free service or fixing the price of one component of an overall service; adhering uniformly to previously-announced prices and terms of sale; establishing uniform costs and markups; imposing mandatory surcharges; purposefully reducing output or sales; or purposefully sharing or "pooling" markets, territories, or customers.

[Guest Sprinter]

Oh, ok I thought either way was price fixing, my bad

yes the 2nd way would be, but a letter from no one would'nt be. but your price went up cause your now the cheapest in town booked up for two months straight at 99.99

[Guest haroldshouseoftint]

Price fixing is an agreement between business competitors selling the same product or service regarding its pricing

I was right what do I know

[Guest Sprinter]

Here I went over to the University of Google and got this:

Price fixing is an agreement between business competitors selling the same product or service regarding its pricing. In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers. Price-fixing can also involve any agreement to fix, peg, discount or stabilize prices. The principal feature is any agreement on price, whether express or implied. For the buyer, meanwhile, the practice results in a phenomenon similar to price gouging.

Methods of price fixing can include selling at a common target price; setting a common "minimum" price; buying the product from a supplier at a specified "maximum" price; adhering to a price book or list price; engagement in cooperative price advertising; standardizing financial credit terms offered to purchasers; using uniform trade-in allowances; limiting discounts; discontinuing a free service or fixing the price of one component of an overall service; adhering uniformly to previously-announced prices and terms of sale; establishing uniform costs and markups; imposing mandatory surcharges; purposefully reducing output or sales; or purposefully sharing or "pooling" markets, territories, or customers.

so the thing I read here is that the gas stations price fixed all of us and it was all legal

maybe we should say that the tint shop down the street that does'nt raise his prices to match or be just lower than ours is just cheating himself out of some money, or we could say that since he won't raise his WE have to lower ours to meet his so we have some car's to tint.

[Mr paladin]

I guy I grew up with (Nice guy) but probably the worst tinter I have ever seen in my life shut his shop down after having the reputation of the worst shop in town 3 months later he had a formula one shop in houston

[Guest vclimber]

Department of Justice:

Price Fixing

Price fixing is an agreement among competitors to raise, fix, or otherwise maintain the price at which their goods or services are sold. It is not necessary that the competitors agree to charge exactly the same price, or that every competitor in a given industry join the conspiracy. Price fixing can take many forms, and any agreement that restricts price competition violates the law. Other examples of price-fixing agreements include those to:

Establish or adhere to price discounts.

Hold prices firm.

Eliminate or reduce discounts.

Adopt a standard formula for computing prices.

Maintain certain price differentials between different types, sizes, or quantities of products.

Adhere to a minimum fee or price schedule.

Fix credit terms.

Not advertise prices.

In many cases, participants in a price-fixing conspiracy also establish some type of policing mechanism to make sure that everyone adheres to the agreement.

[Guest Sprinter]

Price fixing is an agreement between business competitors selling the same product or service regarding its pricing

I was right what do I know

would'nt we have to tell them how much to charge to make it price fixing

[Guest Sprinter]

Department of Justice:

Price Fixing

Price fixing is an agreement among competitors to raise, fix, or otherwise maintain the price at which their goods or services are sold. It is not necessary that the competitors agree to charge exactly the same price, or that every competitor in a given industry join the conspiracy. Price fixing can take many forms, and any agreement that restricts price competition violates the law. Other examples of price-fixing agreements include those to:

Establish or adhere to price discounts.

Hold prices firm.

Eliminate or reduce discounts.

Adopt a standard formula for computing prices.

Maintain certain price differentials between different types, sizes, or quantities of products.

Adhere to a minimum fee or price schedule.

Fix credit terms.

Not advertise prices.

In many cases, participants in a price-fixing conspiracy also establish some type of policing mechanism to make sure that everyone adheres to the agreement.

that would be the leg breaker, or the enforcer of something no one has agreed to

[Guest vclimber]

that would be the leg breaker, or the enforcer of something no one has agreed to

A pattern of collusion could still be established in a given markeplace.

[TINT]

I charge 300$ for two cars with Huper Optik