Price fixing is illegal under per se under the
A)Sherman Act.
B)Consumer Goods Pricing Act.
C)Robinson-Patman Act.
D)Federal Trade Commission Act.
E)Clayton Act.

Question

Quizplus · Accepted Answer

Price fixing agreements are considered a violation of Section 1 of the Sherman Act. Under the Sherman Act, any agreement or conspiracy which tends to restrain trade or commerce among the states is deemed illegal per se, meaning that it is prohibited regardless of its actual effect on competition.

Price Fixing Is Illegal Under Per Se Under the