Examlex
Which of the following is true?
Implicit Collusion
An understanding or arrangement among competitors where they cooperate indirectly by making similar business decisions without explicit agreement.
Cartel Activities
Actions taken by a group of independent market participants who collude to raise prices, limit supply, or control markets in some other way.
Sherman Act
A landmark federal statute in the field of United States antitrust law passed in 1890 that prohibits monopolistic practices and promotes competition.
Antitrust Laws
Legislation intended to promote competition and prevent monopolies and unfair business practices.
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