Bruno and Steph each operate petrol stations along the Great Ocean Road in Victoria.They are the only petrol stations for hundreds of miles along the road.Which of the following agreements between them is most likely to substantially lessen competition?

Question

Quizplus · Accepted Answer

An agreement to sell motor oil at the same price between the only two petrol stations in a remote area would directly impact competition by fixing prices, which is a classic example of behavior that substantially lessens competition. Other options, like pooling money for safety improvements or buying the same products from a supplier, do not directly impact the competitive pricing or availability of their primary service—fuel.

Bruno and Steph Each Operate Petrol Stations Along the Great