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General Electric Company and DeBeers Company AG Were Charged for Conspiring

Question 29

Multiple Choice

General Electric Company and DeBeers Company AG were charged for conspiring to keep the end user price for industrial diamonds, used in cutting tools for construction, mining and oil well drilling etc. artificially high. In other words, the two companies were charged for


A) price discrimination.
B) price fixing.
C) setting illegal price differentials.
D) deceptive pricing.

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