In the United States, price-fixing arrangements among firms are

Name: In the United States, price-fixing arrangements among firms are
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Question

Quizplus · Accepted Answer

Price-fixing arrangements among firms are illegal in the United States under the Sherman Antitrust Act. It is not required for a court to have concrete evidence that the firms explicitly colluded, as evidence of parallel pricing or other types of implicit collusion can also be used to establish price-fixing arrangements. Therefore, options A and B are incorrect.

In the United States, Price-Fixing Arrangements Among Firms Are