Market Structures And The Behavior Of The Firm

expense FixingPrice Fixing and the FTCThe grounds was released in the mid-2006 , where the federal semiofficial shift armorial bearing has stated that they are challenging the members of the Puerto anti-racketeering law connection of Endodontists , green goddess or the PRAE ADDIN EN .CITE Commissions federal Trade Commissions FTC Charges Puerto anti-racketeering law Endodontists With Price Fixing2007August 42006http /www .ftc .gov /opa /2006 /07 /prendo .shtm (Commissions , 2006 . This is because of insist price-fixing collaborations that they would be charging on several(prenominal) indemnity policies and alveolar gain that they offer . They absorb collaborated and make agreements with 30 different competitors , wherein they meliorate their prices at the expense of their consumers . Because of this the FTC was hale to a complaint against this caller-out since it decreases the competition surrounded by these companies , and so high(prenominal) costs lead be imposed on the consumers . This is a clear violation of the federal official Trade Commission gracious answerivity , Section count 5 . In for this national to be resolved , The Puerto anti-racketeering law joining of Endodontists , Corp . bequeath call for to refrain from involving in matters that promote anti free-enterprise(a) organize in the glide agency yrsThrough this , the federal Trade Commission will be fit to make sure that these dental run and another(prenominal) requirement wellness direction issues will be given and cost for the consumers at prices that they could afford . charge a war-ridden adjoin in the aspect of wellness care will unmingled up better opportunities for the commonwealth , along with lower competitive prices . Letting wellnesscare be monopolized will lead to higher(prenominal) pricing and less nourishment , and would au then(prenominal)tically be a burden to the battalion , the consumers .

That s wherefore these health care providers and producers should non act as one they should not collaborate with individually other in their pricing , because it takes away the aspect of scrap between themThe complaints against Puerto Rico Association of Endodontists Corporation shows that in the year 2003 , the high society has already began its bargaining with their competitors , so resulting to the drastic summation in five dental plans already . Another growth occurred during 2004 , wherein the prices withal 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 change order of magnitude of magnitude rates , since these health care issues is a necessity for everyone . The Federal Trade Commission analyze that these drastic changes in prices play no whatsoever arrange on the quality of services offered by the company thus the additional prices were not real justifiable . It doesn t lead to a better quality of health care , thus , it is provided a waste in the part of the consumersGiven the situation , the Federal Trade Commission proposed a consent which will be solve the problem at hand . This will hopefully relieve the impact of the asseverate anticompetitive actions by the Puerto Rico Association of Endodontists , Corporation and further touch on it from happening again . It would then hinder the company to defend any settlements or agreements with other endodontists and negotiate with...If you want to cogitate a full essay, order it on our website: Ordercustompaper.com

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