Price fixing is illegal under the Sherman Act and subsequent legislation.

Question

Quizplus · Accepted Answer

Price fixing is a violation of antitrust laws, specifically the Sherman Act of 1890, as well as subsequent legislation such as the Clayton Act and the Federal Trade Commission Act. The Sherman Act prohibits agreements among competitors to fix prices, limit production, or allocate markets. Violators of antitrust laws can face fines and even criminal penalties.

Price Fixing Is Illegal Under the Sherman Act and Subsequent