Description of Recent Price Fixing Case

The modern intelligence acquit terminal December 24, 2008 posted on the United States Federal Trade Commission (FTC) place is environing how FTC fixed the price-fixing charges despite two opposed doctors’ groups: one in Modesto, California and another in Boulder, Colorado. The multi-component IPAs Independent Practice Associates Medical Group, Inc. , or AllCare IPA (AllCare), delay 500 physicians in Modesto, California, and Boulder Valley Independent Practice Association (BVIPA), delay 365 physicians in Boulder County, Colorado, were charged delay orchestrating and carrying out agreements unmoulded their members to offal, and browbeat to offal to traffic delay security providers, true they amending the fees paid to the groups’ doctors (FTC, 2008). According to FTC, twain groups violated the federal law. Neither selected in activities that would bear justified gregarious agreements on the prices its members would confirm for their services. Their actions transfer to doctors delay opposed component and services to unfairly bear the similar fee thus killing competitive pricing and harming patients delay increased prices for physician’s services. The FTC’s projected submit adjust, which expires in 20 years, details the prohibitions for the two groups, essentially aiming to eject the anticompetitive convoy they skilled. AllCare and BVIPA were besides required to give-notice-to the FTC in progression antecedently “contracting delay bloom plans on advantage of physicians pursuant to either a adapted risk-sharing or adapted clinically-integrated elbow arrangement” (FTC, 2008). They are besides to end fixed contracts they illegally entered into. Twain IPAs are required to dissect copies of the adjust to fixed physicians and are kept on a leash as twain bear to converge other reporting and monitoring stipulations. Reference Federal Trade Commission. (2008, December 24). FTC Settles Price-Fixing Charges Despite Two Opposed Doctors' Groups. Retrieved April 6, 2009, from http://www2. ftc. gov/opa/2008/12/allcare. shtm