Gateway Collision Chapter Event - What Exactly is a Prevailing Rate?

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What Exactly is a Prevailing Rate?
presented by Tony Adams, Akzo Nobel Services Consultant
sponsored by 

With inflation soaring, supply chain disruptions and technician crisis upon us, shops are feeling the squeeze now more than they ever have. So, what exactly is the “prevailing rate” referred to by the insurance companies and where does that data come from? When shops are surveyed in a marketplace what precautions do shops need to take to avoid complicity in unintended price fixing and running afoul of the Sherman Act?

• What comprises a Labor sale?
• What does the current inflation landscape look like?
• Defining the types of rates – Glossary of terms
• Why do Door rates vary?
• What is the credit card effect?
• What is Anti-Competitive behavior and Price Fixing?
• What are the elements of a Cartel?