Market Structures And The Behavior Of The Firm

expense FixingPrice Fixing and the FTCThe case was released in the mid-2006 , where the federal authorized shift guidance has declared that they are challenging the members of the Puerto anti-racketeering law connection of Endodontists , stomach or the PRAE ADDIN EN .CITE Commissionsfederal official 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 dental service that they offer . They absorb collaborated and do agreements with 30 some other competitors , wherein they fixed their prices at the expense of their consumers . Because of this the FTC was oblige to a complaint ag ainst this company since it decreases the competition between these companies , thus high(prenominal) costs give be imposed on the consumers . This is a clear violation of the Federal Trade Commission benignant activity , Section number 5 . In for this publication to be resolved , The Puerto Rico knowledge of Endodontists , Corp . exit call for to refrain from involving in matters that promote anti free-enterprise(a) calculate in the glide path yrsThrough this , the Federal Trade Commission will be able to make sure that these dental services and other necessity wellness care issues will be given and address for the consumers at prices that they could afford . property a competitive environs in the aspect of wellness care will bluff up better opportunities for the commonwealth , along with lower competitive prices . Letting healthcare be monopolized will lead to higher pricing and less attention , and would au thustically be a burden to the plenty , the consu mers .

That s why these health care providers and producers should non act as one they should not collaborate with individually other in their pricing , because it takes absent 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 , thus 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 carried the burden of ch ange magnitude rates , since these health care issues is a necessity for everyone . The Federal Trade Commission study that these drastic changes in prices prevail no whatsoever consequence on the quality of services offered by the company thus the additional prices were not really justifiable . It doesn t lead to a better quality of health care , thus , it is nevertheless 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, browse it on our website: OrderCustomPaper.com

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