Regarding Price Fixing, Which of the Following Is a Correct

Multiple Choice

Regarding price fixing, which of the following is a correct statement?

A) Ethical standards may be used to fix prices, in which case, the price fixing is not subject to the Sherman Act.
B) It is legal for competitors to fix a low price if the consumer ultimately benefits.
C) Attempts by manufacturers to control the ultimate sale of their product are analyzed under the per se illegality.
D) The exchange of price information among creditors is a violation of the Sherman Act.
E) Cooperation and cosy relationships between competitors cannot be termed illegal.