Horizontal price fixing occurs when manufacturers attempt to set the ultimate retail price for their products.

Name: Horizontal price fixing occurs when manufacturers attempt to set the ultimate retail price for their products.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Horizontal price fixing is an agreement between competitors to fix prices. The term price fixing means more than setting a price. The price fixing covered by the Sherman Act is that which threatens free competition.

Horizontal Price Fixing Occurs When Manufacturers Attempt to Set the Ultimate