Price fixing falls under which act or amendment?
A. Robinson-Patman Act
B. Wheeler Lea Amendment
C. Sherman Act
D. Unfair Trade Practice Acts
E. Lanham Act
Answer: (C) The Sherman Act covers price fixing; therefore, (C) is the correct answer. The Robinson-Patman Act (A) makes it illegal to sell the same products to different buyers at different prices. The Wheeler Lea Amendment (B) bans unfair or deceptive acts in commerce. The Unfair Trade Practice Acts (D) put a lower limit on prices. The Lanham Act (E) prohibits a company from misrepresenting another companies' products.