What is the result of two or more firms collaborating on a wrongful act,such as price fixing?
A) Unfair pricing
B) Price gouging
C) Product collaboration
D) Collusion
E) Consumerism

Question

Quizplus · Accepted Answer

Collaboration between firms to engage in wrongful acts such as price fixing is called collusion. This behavior is illegal and can lead to antitrust lawsuits and penalties.

What Is the Result of Two or More Firms Collaborating