Which of the following horizontal restraints of trade contains the element of monopoly?
A) conscious parallelism
B) market sharing
C) group boycott
D) exchange of nonprice information

Question

Quizplus · Accepted Answer

Market sharing involves an agreement where competitors divide up a market or customers among themselves, often resulting in less competition and higher prices. This contains an element of monopoly as the competitors are essentially creating a non-competitive environment. Conscious parallelism, exchange of nonprice information, and group boycotts do not necessarily involve monopolistic behavior.

Which of the Following Horizontal Restraints of Trade Contains the Element