Three of the largest brokerages in a city meet privately and reach a quiet understanding: none of them will cooperate with a new discount brokerage that charges only 1% commission. They agree among themselves to refuse to show that firm's listings and to discourage their seller clients from listing with it. Their goal is to push the discount firm out of the market without competing on price. The arrangement is collective — three competitors aligning their behavior toward one specific market participant. Which type of antitrust violation does their coordinated conduct represent?
Correct Answer
C) Group boycott
Three competitors privately aligned to refuse cooperation with one specific market participant in order to drive it out — coordinated exclusion targeting a single firm. Competitors agreeing among themselves not to deal with a particular business is a group boycott, a per se antitrust violation.
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