Which statement best describes a similarity between price fixing and predatory pricing?
A) Both are illegal under the Federal Trade Commission Act.
B) Both are fine-tuning techniques that do not change the general price level.
C) Both typically discourage and block competition from entering a market.
D) Both may ignore demand or cost or both.

Question

Quizplus · Accepted Answer

Both price fixing and predatory pricing are illegal under the Federal Trade Commission Act because they both harm competition.

Which Statement Best Describes a Similarity Between Price Fixing and Predatory