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Title: Price fixing - USA Style Post by: grahame on October 03, 2019, 01:41:39 From the Daily Mail (https://www.dailymail.co.uk/wires/ap/article-7530827/Lawsuit-Nation-s-biggest-railway-companies-fixed-prices.html)
Quote BOISE, Idaho (AP) - More than two dozen major companies ranging from Campbell´s Soup to Kia sued the nation´s four biggest railway companies, contending they had a price-fixing scheme to illegally boost profits. In the lawsuits filed Monday around the U.S., the companies said BNSF Railway Co., CSX Transportation Inc., Norfolk Southern Railway Co. and Union Pacific Railroad Co. conspired to boost prices starting in 2003 by imposing coordinated fuel surcharges, ultimately pocketing billions of dollars in profits. What are regulated fares but a price-fixing scheme? Funny how things differ the world over! This page is printed from the "Coffee Shop" forum at http://gwr.passenger.chat which is provided by a customer of Great Western Railway. Views expressed are those of the individual posters concerned. Visit www.gwr.com for the official Great Western Railway website. Please contact the administrators of this site if you feel that content provided contravenes our posting rules ( see http://railcustomer.info/1761 ). The forum is hosted by Well House Consultants - http://www.wellho.net |