Price-Fixing

question 181

Multiple Choice

Price-fixing

• A) is prohibited by Section 7 of the Clayton Act.
• B) is a per se violation of the antitrust laws.
• C) may be either legal or illegal depending on whether or not it produces above-normal profits.
• D) is illegal under terms of the Federal Trade Commission Act.

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Definitions:

Union Administration

The management and operational activities performed by the leadership and staff of a labor union, including contract negotiation, member representation, and organizational governance.

Democratic Institutions

Organizations or systems that are based on the principles of democracy, involving the participation of the population in decision-making processes.

Union Federation

An organization that unites multiple labor unions within a certain region, industry, or country to coordinate collective actions and policies.

Worker Rights

Rights entitled to workers, including fair wages, safe working conditions, freedom to organize and bargain collectively, and protection from discrimination and unjust dismissal.