Charging a fixed amount per adjustment as a result of talking with others and agreeing on price is a per se violation of which Act?

Charging a fixed amount per adjustment as a result of talking with others and agreeing on price is a per se violation of which Act?

• A. Sherman
• B. Parker
• C. Palmer
• D. Life

Answer: (A)

Charging a fixed amount per adjustment after discussing and agreeing on price with others is classic price fixing, a restraint on competition. In antitrust law, price fixing among competitors is treated as a per se violation, meaning it is automatically illegal without needing to prove its effect on the market. The statute that makes this illegal is the Sherman Antitrust Act, which targets such restraints of trade and uses a per se approach for these kinds of agreements. The other names don’t represent the statute that governs price fixing as a per se violation.

Charging a fixed amount per adjustment after discussing and agreeing on price with others is classic price fixing, a restraint on competition. In antitrust law, price fixing among competitors is treated as a per se violation, meaning it is automatically illegal without needing to prove its effect on the market. The statute that makes this illegal is the Sherman Antitrust Act, which targets such restraints of trade and uses a per se approach for these kinds of agreements. The other names don’t represent the statute that governs price fixing as a per se violation.