The Sherman Antitrust Act Prohibits Price-Fixing in the Sense That

question 471

Multiple Choice

The Sherman Antitrust Act prohibits price-fixing in the sense that

• A)competing executives cannot even talk about fixing prices.
• B)competing executives can talk about fixing prices, but they cannot take action to fix prices.
• C)a price-fixing agreement can lead to prosecution provided the government can show that the public was not well-served by the agreement.
• D)None of the above is correct. The Sherman Act did not address the matter of price-fixing.