2 ms·
> Would you consider it price fixing if it became standard practice to use it? If competing businesses agreed to use the tool and not deviate (or not deviate m
by simoncion 3y ago
> Would you consider it price fixing if it became standard practice to use it?
If competing businesses agreed to use the tool and not deviate (or not deviate more than a set amount) from its suggested price, then yes, that's totally price fixing.
I believe that it's price fixing even if they merely agree to use it to inform their starting offering price.
In some other comment thread, folks mentioned that if a landlord outsources rent price investigation to a third party, that third party has to be __very__ careful about working with other landlords, so as to not even accidentally engage in price fixing by recommending prices to multiple competing landlords.