http://truthonthemarket.com/2006/09/14/interest-rates-and-antitrust/ Academic commentary on law, business, economics and more Thu, 16 Feb 2012 16:48:00 +0000 hourly 1 http://wordpress.com/ http://truthonthemarket.com/2006/09/14/interest-rates-and-antitrust/#comment-6194 Sat, 16 Sep 2006 17:30:42 +0000 http://www.truthonthemarket.com/2006/09/14/interest-rates-and-antitrust/#comment-6194 [...] Keith Sharfman reports on Truth on the Market that: Israeli newspapers have an interesting story about a multibillion dollar antitrust suit that an Israeli manufacturing firm has brought against Israel’s three major banks. The complaint alleges that the banks price colluded on rates, charging identically in five distinct rate categories: a uniform prime rate always 1.5% above the central bank’s; a uniform risk premium of 3%; a uniform 3.5% extension premium; a uniform credit allocation fee of 1.5% per quarter; and uniform quarterly management fees of NIS 150. [...]

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