Asked by Leyla Jackson on May 21, 2024

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Verified

In 2013, Apple was convicted, along with five publishers, including Harper Collins, Penguin, and Macmillan, of which antitrust violation?

A) monopoly structure
B) price-fixing
C) tying contracts
D) dividing up the market

Antitrust Violation

An action or conduct that undermines the competitive process, including practices deemed unlawful under antitrust laws, such as monopolization, cartels, and mergers that reduce competition.

Price-fixing

An agreement among competitors to raise, fix, or otherwise maintain the price at which their goods or services are sold, not allowing market forces to determine prices.

Tying Contracts

Agreements where a seller requires a buyer to purchase additional goods as a condition of buying a desired product, often seen as anticompetitive.

  • Acknowledge and illustrate crucial antitrust proceedings and their repercussions.
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Verified Answer

EA
Easy and Fast tricksMay 27, 2024
Final Answer :
B
Explanation :
Apple and the publishers were found guilty of conspiring to raise, fix, and stabilize the retail price for e-books, which is a clear case of price-fixing.