What can happen to individuals and corporations involved in price fixing under the Sherman Antitrust Act?

Under the Sherman Antitrust Act, both individuals and corporations face serious consequences for engaging in price fixing, which is an unlawful practice that restricts competition and manipulates market prices.

Individuals found guilty of price fixing can be subjected to substantial penalties, including fines up to $1 million and imprisonment for up to 10 years. This reflects the severity with which the law treats violations of antitrust regulations, aimed at deterring such practices and promoting fair competition.

Corporations, on the other hand, face even steeper financial repercussions. The law stipulates that corporations can incur fines of up to $100 million for engaging in price fixing or similar antitrust violations. This significant penalty underscores the importance of compliance with antitrust laws, as corporations often have deeper financial resources.

Thus, the option indicating that both individual penalties (up to $1 million and 10 years in jail) and corporate penalties (up to $100 million) are applicable accurately summarizes the potential consequences for both parties under the Sherman Antitrust Act. This comprehensive approach to enforcing antitrust regulations emphasizes the seriousness of engaging in anti-competitive behavior.