Which of the following activities by real estate brokers would constitute an antitrust violation?
Correct Answer
B) Agreeing with competing brokers to fix commission rates
Under federal antitrust law (Sherman Antitrust Act), competing brokers agreeing to fix or standardize commission rates constitutes illegal price-fixing. Each brokerage must independently set its own commission rates. Other antitrust violations include market allocation and group boycotts. Competing aggressively, offering discounts, and joining an MLS are all lawful activities.
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