Practice Quiz

Veterinary Practice Manager

Category - CVPM

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The San Diego Veterinary Medical Association was scrutinized for publishing fee survey results, adopting minimum fee schedules, and prohibiting members from accepting low cost spay / neuter patients. It was charged that this practice is a violation of Section 1 of which federal act?
  1. Grant Act
  2. Pharmaceutical Trade Act
  3. Sherman Act
  4. Free Trade Act
Explanation
Answer: C- The Sherman Act provides that any and all contract which restricts trade is illegal. With few exceptions, it strictly prohibits agreements between competitors to fix or stabilize the prices for their services or goods.
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