Competitors Can in Fact Enter into an Agreement Whereby Each

question 26

Multiple Choice

Competitors can in fact enter into an agreement whereby each will discontinue producing a current product.If the efficiencies created for the market by this "specializing agreement" make up for any lessening of competition,the competitors may

• A)freely proceed with the plan to discontinue the product.
• B)apply to the Competition Tribunal and obtain approval of the agreement.
• C)do nothing to legalize the effect of the specializing agreement.
• D)apply for approval of what would otherwise be considered parallel pricing.
• E)be liable for engaging in bid-rigging.

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