Julia is an owner of a company that produces jerseys. The company is located in the state of California and produces all of its jerseys in California. However, some of its purchasers live in other states. Julia has funded the entire company herself and run into financial problems. Because of this, she has decided on her own to increase the price of jerseys by 100% over what they are currently selling for. Doing so:

Question

Quizplus · Accepted Answer

CIncreasing the price of jerseys by Julia, the sole owner of the company, does not violate U.S. antitrust law because there is no agreement between two or more parties (B), which is a requirement for most antitrust violations. Additionally, this action does not constitute price fixing (C), as price fixing typically involves an agreement among competitors to set prices at a certain level, which is not the case here.

Julia Is an Owner of a Company That Produces Jerseys