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<p>[QUOTE="IdesOfMarch01, post: 2793641, member: 39084"]It would be helpful for an actual attorney who is knowledgeable about this law to chime in on this topic.</p><p><br /></p><p>I'm very skeptical that the Sherman Anti-Trust Act applies to coin auctions and discussions among potential bidders on those coins. Here is an excerpt from the government's website:</p><p><br /></p><p>"Bid rigging is the way that conspiring competitors effectively raise prices where purchasers — often federal, state, or local governments — acquire goods or services by soliciting competing bids."</p><p><br /></p><p>Clearly, this excerpt is referencing companies who bid on contracts to PROVIDE goods or services to entities, and the above quote clearly means collusion that RAISES prices to the entity requesting the bid. This is VERY different from an open auction of art, or coins, or antiquities.</p><p><br /></p><p>Any experts on this law want to help elucidate?[/QUOTE]</p><p><br /></p>
[QUOTE="IdesOfMarch01, post: 2793641, member: 39084"]It would be helpful for an actual attorney who is knowledgeable about this law to chime in on this topic. I'm very skeptical that the Sherman Anti-Trust Act applies to coin auctions and discussions among potential bidders on those coins. Here is an excerpt from the government's website: "Bid rigging is the way that conspiring competitors effectively raise prices where purchasers — often federal, state, or local governments — acquire goods or services by soliciting competing bids." Clearly, this excerpt is referencing companies who bid on contracts to PROVIDE goods or services to entities, and the above quote clearly means collusion that RAISES prices to the entity requesting the bid. This is VERY different from an open auction of art, or coins, or antiquities. Any experts on this law want to help elucidate?[/QUOTE]
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