Chapter 14 - Arriving at the Final Price265. Two or more competitors explicitly or implicitly setting prices is referred to as __________. A. competitive collusionB. vertical price fixingC. horizontal price fixingD. subversive competitionE. price alignment266. Mark Johnson, the manager of a discount consumer electronics store, has been approached by the manufacturer of a popular and profitable line of compact disk storage racks regarding the retail price charged for the racks at Johnson's store. The manufacturer's representative has implied that if Johnson doesn't raise the retail prices for the storage racks to those charged by the manufacturer's non-discount customers, Johnson's supply of racks may be severely curtailed. The manufacturer is guilty of attempting A. horizontal price-fixing.B. resale price maintenance.C. price discrimination.D. predatory pricing.E. bait and switch pricing.267. Controlling agreements between independent buyers and sellers whereby sellers are required to not sell products below a minimum retail price are referred to as A. horizontal price fixing.B. vertical price fixing.C. competitive price fixing.D. independent price fixing.E. explicit price fixing.268. Vertical price fixing refers to A. two or more competitors explicitly or implicitly setting prices.