Price Fixing Quotes

Quotes tagged as "price-fixing" Showing 1-2 of 2
John Locke
“Tis in vain therefore to go about effectually to reduce the price of Interest by a Law; and you may as rationally hope to set a fixt Rate upon the Hire of Houses, or Ships, as of Money.”
John Locke, Some Considerations of the Lowering of Interest and Raising the Value of Money

“Both the law and business have long recognized the propriety of quantity discounts. But since 1914 the Clayton Act has banned price discrimination "when the effect may be to substantially lessen competition or tend to create a monopoly." And since 1936 the Robinson-Patman Act has recognized such quantity discounts as legal only if they represent a saving in cost, and the law places the burden of proof on the seller.”
George W. Stocking, Cartels in Action: Case Studies in International Business Diplomacy