Originally Posted by Baz_James:
“Known as price fixing by the idiot American who complained to Ofcom without any idea of what he was talking about, you mean?”
Oh dear. Where to start...
Originally Posted by Baz_James:
“Price fixing is carried out by a group of producers of the same or similar product co-operating to prevent price cuts undermining an artificially inflated market.”
No, let's take our definitions from the people who actually know what they're talking about.
"Price fixing is an agreement (written, verbal, or inferred from conduct) among competitors that raises, lowers, or stabilizes prices or competitive terms. Generally, the antitrust laws require that each company establish prices and other terms on its own, without agreeing with a competitor."
https://www.ftc.gov/tips-advice/comp...s/price-fixing
Originally Posted by Baz_James:
“Dallas' production company finding that it could not after all benefit from a gazumping is nothing of the kind.”
No, but competitors agreeing not to assist the market prices by bidding competitively for the same product is most definitely an anticompetitive act. Likewise even the slightest HINT of a "gentleman's agreement" whereby no other UK broadcaster would touch GBBO while the BBC still wanted it, would be similarly anticompetitive and
illegal.