Price fixing refers to:
A) competitors colluding to divide a market into noncompetitive territories or to restrict competition in a market
B) competitors who conspire to set prices or join together to act to the detriment of another competitor
C) Agreements in which a manufacturer or wholesaler grants one dealer exclusive rights to sell a product in a certain trading area or insists that the dealer not carry competing lines
D) Competitors who conspire to set or maintain uniform prices and profit margins

Question

Quizplus · Accepted Answer

The Answer of Price fixing refers to:
A) competitors colluding to divide a market into noncompetitive territories or to restrict competition in a market
B) competitors who conspire to set prices or join together to act to the detriment of another competitor
C) Agreements in which a manufacturer or wholesaler grants one dealer exclusive rights to sell a product in a certain trading area or insists that the dealer not carry competing lines
D) Competitors who conspire to set or maintain uniform prices and profit margins

Price Fixing Refers To