A price-fixing agreement that is reasonable does not violate antitrust law.

Question

Quizplus · Accepted Answer

A price-fixing agreement, whether reasonable or unreasonable, violates antitrust law. Price-fixing agreements between competitors to set prices at a certain level or to fix the prices for their products or services are illegal under antitrust laws. These agreements can lead to consumer harm, reduced competition, and reduced innovation. Therefore, even if the agreement appears reasonable, it is still illegal.

A Price-Fixing Agreement That Is Reasonable Does Not Violate Antitrust