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Price Fixing 6: Can I personally get into trouble for price-fixing?

April 26, 2017fixing personally price price-fixing

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Price Fixing 6: Can I personally get into trouble for price-fixing?

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Yes. Not only can the university be subject to the threat of prosecution and large penalties in excess of $10 million, price fixing is now a criminal offence and persons involved in price fixing can be subject to criminal penalties, including jail terms of up to 10 years. Individuals involved in price fixing can also be exposed to penalties of up to $500,000 per breach.