Re: nader/weissman on tobacco co. price fixing

[Robert Weissman <rob@essential.org>]

This is a good point. You probably know the FTC did a report relevant to
this in Sept 1997 (1996?) in response to the settlement proposal.

We sent this note out a couple months ago -- I don't know why it didn't go
out earlier. Klein wrote back saying they took a "hard look" but decided
not to proceed.

On Fri, 26 Nov 1999 BFoer@aol.com wrote:

> Date: Fri, 26 Nov 1999 09:56:51 -0500 (EST)
> From: BFoer@aol.com
> Reply-To: antitrust@essential.org
> To: Multiple recipients of list ANTITRUST <antitrust@essential.org>
> Subject: Re: nader/weissman on tobacco co. price fixing
> 
> Re tobacco pricing (but not on price fixing), see material I just posted on 
> www.antitrustinstitute.org, relating to Robert Steiner's study. What may be 
> relevant to you is the idea that if cost goes up, tobacco companies and then 
> retailers don't simply pass through the increase, but add something to it to 
> try to keep their margins. It being unlikely that they all have the same 
> margins, it seems unlikely that they would all raise the price by the same 
> amount as a matter of coincidence.
> 
> Bert
> 

Robert Weissman
Essential Information			|   Internet:	rob@essential.org