Market Structures And The Behavior Of The Firm

expense FixingPrice Fixing and the FTCThe case was released in the mid-2006 , where the federal formal shift kick has declared that they are challenging the members of the Puerto anti-racketeering law connection of Endodontists , jackpot 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 aver price-fixing collaborations that they would be charging on several(prenominal) indemnity policies and alveolar service that they offer . They absorb collaborated and make agreements with 30 another(prenominal) competitors , wherein they fixed their prices at the expense of their consumers . Because of this the FTC was strained to a complaint agai nst this company since it decreases the competition between these companies , gum olibanum high(prenominal) costs lead be imposed on the consumers . This is a clear violation of the Federal Trade Commission merciful activity , Section number 5 . In for this social function to be resolved , The Puerto Rico connexion of Endodontists , Corp . pull up stakes call for to refrain from involving in matters that promote anti free-enterprise(a) divvy up in the glide path yrsThrough this , the Federal Trade Commission will be able to make sure that these dental services and other necessity wellness trouble issues will be given and address for the consumers at prices that they could afford . care a competitive environs in the aspect of wellness care will bluff up better opportunities for the plenty , along with lower competitive prices . Letting healthcare be monopolized will lead to higher pricing and less fear , and would au accordinglytically be a burden to the pile , the consumers .

That s wherefore these health care providers and producers should non act as one they should non collaborate with individually other in their pricing , because it takes outside(a) the aspect of scrap between themThe complaints against Puerto Rico Association of Endodontists Corporation shows that in the year 2003 , the company has already began its bargaining with their competitors , indeed resulting to the drastic summation in five dental plans already . Another growth occurred during 2004 , wherein the prices also went up because of their bargaining Because of these actions the ones who were jeopardized were the people they were the ones who c arried the burden of change magnitude rates , since these health care issues is a necessity for everyone . The Federal Trade Commission canvas that these drastic changes in prices prevail no whatsoever magnetic core on the quality of services offered by the company and so the additional prices were not really justifiable . It doesn t lead to a better quality of health care , thus , it is moreover 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 alleged anticompetitive actions by the Puerto Rico Association of Endodontists , Corporation and further preserve it from happening again . It would then hinder the company to have any settlements or agreements with other endodontists and negotiate with...If you want to consider a full essay, aim it on our website: OrderCustomPaper.com

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