Price-Fixing Is Considered to Be a Per Se Violation of the Antitrust

question 84

Multiple Choice

Price-fixing is considered to be a per se violation of the antitrust laws because

• A) a guilty verdict requires proof of injury to consumers.
• B) a guilty verdict requires proof of injury to other competitors.
• C) the rule of reason is applicable.
• D) a guilty verdict need only show that there was a conspiracy to fix prices, not that it succeeded.

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Definitions:

Supercomputers

Extremely powerful computers with high computational capacity used for complex scientific computations, simulations, and large-scale data processing tasks.

Virtual Memory

A memory management capability of an operating system that uses hardware and software to allow a computer to compensate for physical memory shortages, by temporarily transferring data from random access memory (RAM) to disk storage.

Hard Disk

A non-volatile storage device that uses magnetic storage to save and retrieve digital information using one or more rigid rapidly rotating disks coated with magnetic material.

Device Driver

Software that facilitates the communication between a device and its operating system.