The FTC and the Department of Justice guidelines state that, in the US market-driven economy, firms will be forbidden to
A) agree to rig bids or allocate lines of commerce.
B) agree to let the market set prevailing prices or output.
C) refuse to share customers, suppliers or territories.
D) refuse to share or divide markets.

Question

Quizplus · Accepted Answer

Bid rigging and allocating lines of commerce are anti-competitive practices that violate antitrust laws, as they restrict competition and harm consumers.

The FTC and the Department of Justice Guidelines State That