The use of ethical standards to avoid restrictions on price fixing is
A) a violation of the Sherman Act.
B) illegal per se under the Clayton Act.
C) legal as long as relative-value scales are used.
D) legal for services.
E) only allowed for healthcare products.

Question

Quizplus · Accepted Answer

The use of ethical standards to avoid restrictions on price fixing is a violation of the Sherman Act. Although such ethical standards are not illegal per se, they are nevertheless anticompetitive.

The Use of Ethical Standards to Avoid Restrictions on Price