Horizontal price-fixing,such as an agreement between retailers to set a common price for a product,is the classic example of a(n)________ violation of Section 1 of the Sherman Act.

Question

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Horizontal price-fixing is considered a per se violation of Section 1 of the Sherman Act, which means it is illegal regardless of whether it has anti-competitive effects or not. This is because it is seen as an inherently anticompetitive practice that stifles competition and harms consumers.

Horizontal Price-Fixing,such as an Agreement Between Retailers to Set a Common