Recently, some executives for highway construction companies agreed to stop competing with each other on price and to meet every three months to decide their price for the next quarter. In this situation,
A. the unfair trade practice acts have been violated.
B. the Sherman Act has been violated.
C. as long as prices don't increase, the executives have done nothing wrong.
D. the executives are exercising their right to free trade.
E. the Robinson-Patman Act has been violated by price discrimination.
Answer: B
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A. Production blocking B. Decision making C. Evaluation apprehension D. Dialectical inquiry
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A. cultural and social B. legal C. competitive D. political E. economic
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What will be an ideal response?
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