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:

Paid-In Capital

Funds contributed by investors through the purchase of stock directly from the company, representing ownership in the company.

Reissued

The process of issuing again or renewing, often used in the context of stocks, checks, or documents that are put back into circulation.

Cash Dividend

A disbursement from a corporation to its shareholders, typically issued in cash, derived from its profits.

Payable

Short-term financial obligations or debts of a company, typically to suppliers, that are due to be paid within one year.