Price collusion among firms may be prohibited by antitrust laws only if it is found that consumers are harmed.

Name: Price collusion among firms may be prohibited by antitrust laws only if it is found that consumers are harmed.
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Question

Quizplus · Accepted Answer

Antitrust laws generally prohibit price collusion among firms regardless of whether consumer harm is explicitly demonstrated, as such practices inherently restrict competition and can lead to higher prices or reduced choices for consumers.

Price Collusion Among Firms May Be Prohibited by Antitrust Laws