What type of collusion does the Supreme Court refer to as "the supreme evil of antitrust"?
A)Price fixing
B)Reciprocal dealing
C)Price discrimination
D)Vertical mergers

Question

Quizplus · Accepted Answer

Price fixing is considered the most egregious type of collusion by the Supreme Court, as it eliminates competition and leads to higher prices for consumers. It involves agreements between competitors to set prices at a certain level, or to coordinate price increases or decreases, thereby removing the incentive for each company to offer the best possible price and quality to customers. This type of collusion violates antitrust laws and can result in hefty fines and legal penalties for participating companies.

What Type of Collusion Does the Supreme Court Refer to as "The