'Vertical price fixing' includes an agreement to fix, control or maintain price, made between:

Question

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Vertical price fixing occurs when there is an agreement between a manufacturer/wholesaler and a retailer to fix or maintain a certain price for a product, thereby controlling the price at which the retailer can sell the product to consumers. This is illegal according to antitrust laws as it restricts competition and can result in higher prices for consumers.

'Vertical Price Fixing' Includes an Agreement to Fix, Control or Maintain