What does an attempt to fix commission violate?

The attempt to fix commission violates the Sherman-Clayton Act because this legislation plays a crucial role in promoting fair competition and preventing anti-competitive practices, including price fixing. The Sherman Act, established in 1890, prohibits agreements among competing entities to set prices, which can lead to artificially inflated rates and reduced competition in the marketplace.

By attempting to fix commissions, individuals or companies engage in collusion, which undermines the principles of free enterprise and fair competition that the Sherman Act is designed to protect. This kind of conduct hinders the ability of consumers to benefit from competitive pricing and can ultimately harm the overall market.

While the Fair Trade Law and the Antitrust Act are also related to competition and market regulations, the specific action of fixing commissions aligns more directly with the provisions outlined in the Sherman Act. The Consumer Protection Act focuses on safeguarding consumers from unfair business practices but does not directly address the issue of commission fixing. Thus, the Sherman-Clayton Act is the correct reference for this particular scenario.