Solved

Bayer AG Agreed to Pay $46 Million as Part of a Law

Question 31

Multiple Choice

Bayer AG agreed to pay $46 million as part of a law settlement for conspiring with Archer-Daniels-Midland (ADM) to keep prices of citric acid at a certain level. These two international companies were guilty of ________.


A) price lining
B) skimming pricing
C) predatory pricing
D) price-fixing
E) placebo pricing

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions