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Business Law

Business Law discussions

Business Law

Postby sugyn » Sun Sep 28, 2014 10:14 am

Pharm and Medication are two rivals within the pharmaceutical company. They both create variations of the exact same medication that treats particular kinds of cancer.  Their guide supervision groups match and concur that they'll not market the medication to merchants for under $200 a dose, but accept market hospitals the medicines for a maximum of $175 a dose. Is that this contract illegitimate?  in that case, why or why don't you? Does it break anti-trust regulations?
sugyn
 
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Joined: Mon Jun 17, 2013 11:56 am
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Business Law

Postby Bourke » Tue Sep 30, 2014 9:32 pm

Yes(illegal).  It is illegal "price fixing" among competitors; that is a violation of the Sherman Anti Trust law.
Bourke
 
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