The most important pieces of legislation affecting pricing is the ________,which prohibits price fixing,resale price maintenance and particular forms of price discrimination,as well as predatory pricing by monopolistically positioned competitors and deceptive pricing.
A)Trade Practices Act
B)AANA Code of Ethics
C)The Manufacturer's Pricing Covenant
D)Competition and Consumer Act
E)None of the above.

Question

Quizplus · Accepted Answer

The Competition and Consumer Act prohibits price fixing, resale price maintenance, particular forms of price discrimination, as well as predatory pricing by monopolistically positioned competitors and deceptive pricing. It is the most important piece of legislation in Australia that affects pricing.

The Most Important Pieces of Legislation Affecting Pricing Is the ________,Which