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Which statement best describes a similarity between price fixing and predatory pricing?
a. Both are illegal under the Federal Trade Commission Act.
b. Both are fine-tuning techniques that do not change the general price level.
c. Both typically discourage and block competition from entering a market.
d. Both may ignore demand or cost or both.

Respuesta :

Answer: Under the Federal Trade Commission Act, both price fixing and predatory pricing are considered illegal.

Federal Trade Commission Act(1914) which constituted Federal Trade Commission. The Act, subscribed into the rule of law by Woodrow Wilson in 1914, illegitimate unfair methods of competition and illicit unfair acts or exercise that affect business.

The correct option is (a)

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