Price fixing

Question 1

Is charging the same price by all competitors evidence of a price-fixing conspiracy?

Answer 1

No, similar prices may result from competition.

Price-fixing conspiracy requires more evidence than just similar pricing.

Question 2

Simultaneous price increases announced by all competitors is evidence of what

Answer 2

price fixing

This suggests coordinated actions rather than competitive behavior.

Question 3

Does the absence of identical prices indicate no conspiracy?

Answer 3

No, the absence of identical prices does not rule out the existence of a conspiracy.

Different pricing strategies can still align with collusive behavior.

Question 4

True or False: A company can be involved in a price-fixing conspiracy even if its prices are not the same as its competitors.

Answer 4

True.

Different pricing does not negate the possibility of coordinated price increases.

Question 5

What is price fixing?

Answer 5

A conspiracy between competitors to set prices

Price fixing is illegal and can lead to significant penalties for those involved.

Question 6

Is the action of five agents agreeing to charge the same commission rate considered price fixing?

Answer 6

yes

Question 7

Four real estate companies produced a commercial highlighting their commission rate of 6%. Is this considered price fixing?

Answer 7

Price fixing