A number of stores agree to stop stocking handsets by a certain manufacturer of mobile phones.This is an example of ________.
A) conscious parallelism
B) price fixing
C) accommodation
D) group boycott

Question

Quizplus · Accepted Answer

This situation describes a group boycott, where a group of stores agree to stop stocking the products of a particular manufacturer. This is an anticompetitive behavior and is illegal under antitrust laws. Conscious parallelism refers to a situation where competing firms make similar pricing or market decisions independently, without explicit coordination. Price fixing refers to an agreement between firms to set prices at a certain level, while accommodation refers to reaching a compromise or agreement between competing firms.

A Number of Stores Agree to Stop Stocking Handsets by a Certain