Asked by
Olivia Campbell
on Dec 19, 2024
Verified
Conspiracies to fix prices are
A) illegal under the Clayton Act.
B) illegal under the Celler-Kefauver Act.
C) per se violations of the antitrust laws.
D) more tolerated by government today than two or three decades ago.
Price Fixing
An illegal agreement among competitors to fix prices at a certain level rather than allowing them to be determined by free market forces.
Clayton Act
The Clayton Act is a U.S. antitrust law enacted in 1914, aimed at promoting competition and preventing monopolies.
Antitrust Laws
Legislation enforced to prevent monopolies and promote competition among businesses.
- Differentiate between lawful and unlawful business operations according to antitrust legislation.
Verified Answer
AM
Learning Objectives
- Differentiate between lawful and unlawful business operations according to antitrust legislation.