They cited the producers all belonging to the same collection of trade organizations and sharing co-packing arrangements where pricing can be discussed.
They claimed the producers sometimes use the same third-parties to store their product and that personnel could check out the inventory and product destinations of other companies in real time.
If this goes through virtually every US retailer group is going to get sued. I mean all of them.
Almost all wholesalers have an industry group like this.
Whaaaaat? It’s almost like for profit companies are going to game the system to make more money.
Now, let’s teach them a lesson and fine them 10% of the extra profits they made from the illegal price fixing.
10%? You’re smoking crack. They won’t ever cut a check.
No, they’ll give out individualized giftcards so that you feel like you’re being cut a check which you can use to buy the same illegally price-fixed product at new, improved, even higher prices.
Oh, well that’s fine then. ;)
