The act of businesses conspiring together to artificially inflate prices in order to increase profits by passing the elevated prices onto consumers. Price rigging is an illegal practice and is regulated by the antitrust division of the United States Department of Justice.
Related information about price rigging:
- Price Rigging Definition | Investopedia
... at the expense of the consumer. Price rigging can be found in any industry and is regulated by the antitrust division of the United States Department of Justice.
- Ed Davey warns of punitive fines if energy price-rigging claims proven
Nov 13, 2012 ... More whistleblowers come forward as gas-price scandal widens amid claims that electricity market has also been distorted.
- What is price rigging? definition and meaning
Definition of price rigging: The act of businesses conspiring together to ... Price rigging is an illegal practice and is regulated by the antitrust division of the United ...
- Gas price rigging: Big Six energy companies insist they play by the ...
Nov 13, 2012 ... The Big Six energy companies have distanced themselves from allegations of price-rigging in the wholesale gas market.
- Price Rigging Definition & Example | InvestingAnswers
We explain the definition of Price Rigging, provide a clear example of how it works and explain why it's an important concept in business, finance & investing.
- Price Rigging: Definition from Answers.com
Price Rigging An illegal action performed by a group of conspiring businesses that occurs when the firms agree to artificially inflate prices in an attempt.
- Gas price rigging: Ed Davey orders probe into claims by - Daily Mirror
Nov 13, 2012 ... The Energy Secretary has ordered a probe into claims by whistleblowers that traders regularly rigged prices to boost profits.
- Gas price rigging investigated - November - 2012 - Which? News
Nov 13, 2012 ... The price of gas has come under the spotlight after the city watchdog, the FSA, has launched a probe into possible price fixing in the wholesale ...