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Is this legal

Discussion in 'General Business' started by dh7991, Jul 17, 2011.

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  1. #1
    Is it legal for two companies to sign an agreement saying they will keep their price for a certain product or service the same? Is there a name for this?
     
    dh7991, Jul 17, 2011 IP
  2. mrmeme

    mrmeme Peon

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    #2
    No it is of cause not legal!!!!!!

    Cartel - Cartelization - wikipedia.org/wiki/Cartel
     
    mrmeme, Jul 18, 2011 IP
  3. flamedesign

    flamedesign Guest

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    #3
    It's not legal! against antitrust law unless it's government proved..in which case there's nothing you can do to change that.
     
    flamedesign, Jul 18, 2011 IP
  4. Secret Shopper

    Secret Shopper Peon

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    #4
    That's a businessman strategy.
     
    Secret Shopper, Jul 19, 2011 IP
  5. techabsolute

    techabsolute Well-Known Member

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    #5
    It will be the exploitation of honest customers.... so its not legal
     
    techabsolute, Jul 19, 2011 IP
  6. The Elite

    The Elite Greenhorn

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    #6
    It's not legal since it defies the Fair Trade ACT.
     
    The Elite, Jul 19, 2011 IP
  7. internetauthor

    internetauthor Peon

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    #7
    Well.....it depends on whether you are in the United States or not. I know over here it's illegal to set prices, especially in writing, but it happens informally all the time. In other countries, you'd have to check with your own laws and what not. Regardless, it would be wise to consult with an attorney rather than asking for legal advice on a public webmaster forum.
     
    internetauthor, Jul 19, 2011 IP
  8. 88dbsakthi

    88dbsakthi Peon

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    #8
    It can be legal by setting one company as an affiliate and giving the commission/profit not relatively equal to the original company.
     
    88dbsakthi, Jul 28, 2011 IP