Four major drug companies got together and decided to set the prices they would all charge for Vitamin B and they also divided up sales territories and determined how much each company would sell in each area. Which of the following statements is FALSE? Each company
A) could be found guilty of conspiracy
B) could be found guilty of price fixing
C) could be fined up to $25million and face up to 14 years in jail
D) face administrative monetary penalties of up to $10 million
E) could receive a prohibition order
Correct Answer:
Verified
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