The definition of price-fixing includes agreements that may, among other things:
A) depress prices.
B) stabilize prices.
C) raise prices.
D) All of these.

Question

Quizplus · Accepted Answer

Price-fixing can refer to any agreement between individuals or businesses that alters the market price of goods or services. This can include agreements that depress prices, such as when competitors agree to undercut each other's prices to drive out new entrants to the market. Price-fixing can also include agreements that stabilize prices, such as when producers agree to limit their output to avoid flooding the market and driving down prices. And, of course, price-fixing can include agreements that raise prices, such as when competing businesses agree to set a minimum price for their products or services. Therefore, all of these options are correct when defining price-fixing.

The Definition of Price-Fixing Includes Agreements That May, Among Other