Several gas companies have joined forces to ensure that profits are high and consistent between them. Which of the following corporate crimes are they likely engaging in?

Question

Quizplus · Accepted Answer

The gas companies are likely engaging in restraint of trade, which involves creating agreements or practices that limit competition in a particular market. By ensuring that profits remain high and consistent between them, these companies are essentially setting prices and controlling the market, which can harm consumers and smaller competitors.

Several Gas Companies Have Joined Forces to Ensure That Profits