Many Cartels Exist in the U

question 79

True/False

Many cartels exist in the U.S.because cartels and price-fixing are legal under United States law.

---

Definitions:

Purpose

Purpose refers to the reason for which something is done or created, or for which something exists; it often drives the objectives, goals, and strategies of individuals and organizations.

Form 8-K

Form 8-K is a report required by the SEC from publicly traded companies to announce significant events that shareholders should know about, including acquisitions, changes in management, and financial results.

SEC

The U.S. Securities and Exchange Commission, a federal agency overseeing securities transactions, stock markets, and investment practices.

Filing

The process of submitting documents, typically to a government or regulatory body, in accordance with legal requirements or procedures.