In Australia,which type of pricing behaviour from the following options is illegal?
A) All of these options are illegal in Australia.
B) Where two or more entities conspire to set prices above a competitive price.
C) Setting different prices for different customers.
D) Deliberately setting low prices to drive out market competition then raising prices once the competition is removed.

Question

Quizplus · Accepted Answer

All of the options listed are illegal in Australia, as the Australian Competition and Consumer Commission (ACCC) enforces the Competition and Consumer Act to prevent anti-competitive pricing behaviors such as collusion, price discrimination, and predatory pricing.

In Australia,which Type of Pricing Behaviour from the Following Options