Price-Fixing Is Considered to Be a Per Se Violation of the Antitrust

question 84

Multiple Choice

Price-fixing is considered to be a per se violation of the antitrust laws because

• A) a guilty verdict requires proof of injury to consumers.
• B) a guilty verdict requires proof of injury to other competitors.
• C) the rule of reason is applicable.
• D) a guilty verdict need only show that there was a conspiracy to fix prices, not that it succeeded.

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Definitions:

Market Efficiency

A concept that describes how well prices in financial markets reflect all available and relevant information.

Insider Information

Private knowledge about a public company that could provide a financial advantage in the stock market if it were made public.

Insider Trading

The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.

Financial Markets

Systems or platforms enabling investors to trade financial instruments such as stocks, bonds, and currencies with each other.