how does price fixing work, can’t anyone charge whatever they want for a product?
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The short answer is no, businesses can’t collude to charge whatever they want. They can each charge whatever they want, but can’t collectively come up with a price that they all charge.
This law exists to protect people from exploitative businesses practices. There are many similar laws (e.g. anti-trust, false advertising, safety labelling, banning dangerous products, etc.)
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