Price Fixing (EN / 2019)
About the Lecture
The lecture Price Fixing (EN / 2019) by Lecturio Online Courses is from the course Corporate Compliance Training (EN). It contains the following chapters:
- Price Fixing
- Sentences for Price Fixing
Included Quiz Questions
You overhear a colleague of yours talking to an employee of the competitor about an upcoming tender. They talk about prices without specifically arranging anything. What do you do?
- You immediately go to your supervisor and report the conversation. Sharing this information alone is already prohibited.
- Nothing, because the two are just sharing information and not agreeing on specific prices.
- You join the conversation in order to find out more about the planned tender.
- You issue a press release with the prices of the planned offers so that the rest of the competition also complies with your requirements.
How would you define a price cartel?
- A price cartel is an agreement or the association of different companies with the goal of determining prices for their products.
- A price cartel is the cooperation between several companies of the same branch, even if they do not exchange price-relevant information.
- A price cartel is the association of several companies in which they agree on how to split their customers.
- A price cartel is the cooperation between several companies that agree on their corporate design.
A fixed-price cartel exists when …
- …a price is determined, which the companies adhere to exactly.
- …a price is determined, which the companies are not allowed to undercut.
- …a price range is determined, in which the companies set their prices.
- …a price increase by a certain percentage is determined, for example, by 5%.
Author of lecture Price Fixing (EN / 2019)
Lecturio Online Courses
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