What is NOT an example of price fixing?

Price fixing refers to an agreement between business competitors to sell a product or service at a set price, which undermines competition and can lead to higher prices for consumers. In this context, the correct answer, which identifies a situation that does not constitute price fixing, is the discussion of market conditions.

When brokers discuss market conditions, they are sharing information related to the broader market environment, such as trends, demand fluctuations, or consumer behavior. This type of dialogue is usually permissible as it is aimed at understanding the market rather than colluding to set prices. It is important for businesses to share insights that can help them make informed decisions without infringing upon fair competition laws.

On the other hand, talking about commission rates or agreeing on commission percentages can lead to anti-competitive practices as they involve direct coordination on prices or price components, disadvantaging the competitive marketplace. Setting fixed prices for agents is a clear example of price fixing, as it prohibits market-driven pricing behavior. Therefore, discussing market conditions stands apart from these activities and does not fall under the category of price fixing.