Precision Moulding Co., Inc.

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In the Matter of Precision Moulding Co., Inc., a corporation
FTC Matter/File Number:

9510124

Docket Number:

C-3682

Enforcement Type:

Part 2 Consents

Case Summary

Precision Moulding agreed to settle charges that it attempted to fix prices in the market for stretcher bars used to construct frames for artists' canvases. The complaint alleges that representatives of Precision Moulding invited a new competitor in the industry to raise its prices, suggesting that the competitor's prices were too low.