Driving in North Carolina, we picked up a local radio station, maybe some of you have heard of  Captain Marty.  He was on early in the morning talking about all things fishing in the Outer Banks.  He had a guest who was a captain of one of the many fishing charters the Outer Banks has.  They were talking about the fees the charters charge to take you out fishing on their boat for a day.  He said they all charge the same amount, that they dont want to underbid each other and cut someone out of the business.  By everyone charging the same thing, everyone gets work, everyone can pay their bills, everyone is happy.  There are many, many, many charter boats in the Outer Banks, some who make reservations through a service and some that their wives take reservations for them. Yet they all agreed to charge the same fee.

I bring this up, not because I love fishing, but because it made me think of the abstractors underbidding each other to get work.   I've heard pricing fixing is permitted in some markets and not others, although I do not know the law or which markets.  Could abstractors form an alliance and set the price or is ours a market where that is not allowed? Notwithstanding $10 searches from India.