If all three grocery stores in town decide to charge the same price for a gallon of milk,what type of pricing tactic is being used?
A) horizontal price fixing
B) vertical price fixing
C) horizontal price discrimination
D) vertical price discrimination
E) loss-leader pricing

Question

Quizplus · Accepted Answer

All three grocery stores are colluding to charge the same price for milk, which is illegal under antitrust laws as it reduces competition and consumer choice.

If All Three Grocery Stores in Town Decide to Charge