If the board of Sony and the board of Samsung agreed to stop providing discounts to the retailers of their televisions,what crime have they committed?

Question

Quizplus · Accepted Answer

This scenario describes a situation of horizontal price-fixing, where competitors (Sony and Samsung) agree to stop providing discounts to retailers, ultimately raising the price for consumers. Horizontal price-fixing is illegal under antitrust law as it undermines competition and harms consumers. Resale price maintenance, vertical price-fixing, conscious parallelism, and tying agreements are all forms of illegal price-fixing, but they do not accurately reflect the scenario described in the question.

If the Board of Sony and the Board of Samsung