A Cartel Occurs When Two or More Competitors Make an Anti-

question 16

Multiple Choice

A cartel occurs when two or more competitors make an anti- competitive contract,arrangement or understanding.Which of the following statements are true in relation to cartels?

• A)The first cartel member to disclose cartel conduct and offer to give evidence against the other members will be given immunity from prosecution.
• B)Cartel conduct is illegal if it has the purpose or effect of substantially lessening competition in a market.
• C)Cartel conduct is illegal if it involves two or more competitors fixing prices,discounts and allowances etc.
• D)All of the above.
• E)A and B above only.

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