As a public service, a local medical association publishes a list of suggested fees for such services as office visits, chest X-rays, and annual checkups. This price list may be viewed as a form of horizontal price fixing.

Question

Quizplus · Accepted Answer

When a group of competitors, such as members of a medical association, agree on prices or price ranges for services, it constitutes horizontal price fixing, which is illegal under antitrust laws because it restricts competition.

As a Public Service, a Local Medical Association Publishes a List