In Freeman V

question 230

Multiple Choice

In Freeman v.San Diego Assn.of Realtors,most of the real estate Multiple Listing Services joined together to provide their service to real estate agents.The association charged all realtors the same price.When challenged as price fixing,the appeals court held that:

• A)the association was not engaged in illegal price fixing because it was not charging more for the same services than the most efficient association
• B)the association was not engaged in illegal price fixing because it made the industry more efficient
• C)the association was engaged in illegal price fixing because it was charging far more for the same services than the most efficient association
• D)the association was engaged in illegal price fixing,but it was improving the industry's efficiency so it could be overlooked
• E)the association itself was illegal