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Hello, I am looking for someone to write an essay on Price Fixing Study: Recent FTC Ruling. It needs to be at least 500 words.As found in the FTC complaint "Nine West divisions entered into agreements
Hello, I am looking for someone to write an essay on Price Fixing Study: Recent FTC Ruling. It needs to be at least 500 words.
As found in the FTC complaint "Nine West divisions entered into agreements with retailers that fixed retail prices for their shoes and restricted promotion periods - called 'clearance windows' - when retailers could promote sales or sell shoes at reduced prices" (NWG, 2000, screen 1). Through brand name recognition the shoes produced and distributed by Nine West are highly marketable to the buying public.
Some of the brand names Nine West producers their women's footwear under include: "Nine West, Amalfi, Bandolino, 9 & Co., Calico, Easy Spirit, Evan-Picone, Pappagallo, Capezio, cK/Calvin Klein, Selby, Joyce, Westies, and Enzo Angiolini" (NWG, 2000, screen 1). Due to the high demand of these brands by the consumer, individual retailers were pressured by Nine West to conform to their pricing scheme or face penalties or suspension of further shipments.
By using this method of price fixing, Nine West forced retailers to knowingly violate anti-trust laws.
