In Antitrust Law, "Price-Fixing" Refers to

question 59

Multiple Choice

In antitrust law, "price-fixing" refers to

• A)the government fixing the prices of products of antitrust violators.
• B)a company fixing the price of its own product regardless of the degree of competition.
• C)competitors colluding to set their prices collectively.
• D)a company paying its suppliers a fixed price for certain inputs.

---

Definitions:

Origins

The point or place where something begins, arises, or is derived.

Cognitive Dissonance

A psychological phenomenon where individuals experience discomfort from holding two or more conflicting beliefs, values, or attitudes.

Theory Essence

The fundamental concepts or foundational principles that comprise the core of a theory.

Origins

The point or place where something begins, arises, or is derived from; the background or source.