The Competition Tribunal is investigating a claim that a group of businesses has entered into an agreement in order to control prices in the market.What is the name of the offence the tribunal is investigating?

Question

Quizplus · Accepted Answer

Price fixing involves an agreement between competitors to buy or sell a product, service, or commodity only at a fixed price, or maintain market conditions so that the price is maintained at a given level by controlling supply and demand. This is the offense being investigated as it involves a group of businesses allegedly controlling prices in the market.

The Competition Tribunal Is Investigating a Claim That a Group