Price fixing is illegal 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 is considered a violation of Section 1 of the Sherman Act, which prohibits agreements among competitors that restrain trade. Courts have consistently held that price fixing falls under the category of per se violations, meaning that the practice is illegal without the need to prove its anti-competitive effects.

Price Fixing Is Illegal Per Se Under the