PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM GLOSSARY
Group boycott
A group boycott is coordinated action by competitors to refuse to deal with a person, firm, platform, supplier, or customer as a way to exclude, punish, coerce, or restrain competition.
Practice of Real Estate
Competition and business conduct
Define, distinguish, apply, retrieve
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PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM
GLOSSARY TERM GUIDEBuild the complete exam definition
Learn the rule, separate it from the nearest distractor, then apply it to a Georgia fact pattern.
What does Group boycott mean?
A group boycott is coordinated action by competitors to refuse to deal with a person, firm, platform, supplier, or customer as a way to exclude, punish, coerce, or restrain competition.
How do you separate the nearest exam answer?
One firm may independently choose its business partners for lawful reasons. Competitors agreeing together to cut off a target creates the antitrust issue.
What changes or stays the same in Georgia?
Georgia licensees and trade groups must preserve independent brokerage decisions. Collective pressure against a discount broker or new business model is a classic exam pattern.
Several competing brokers agree not to show any listing from a firm that offers lower fees.
Calling the action a professional standard does not eliminate the competitor agreement.
Memory cue: Calling the action a professional standard does not eliminate the competitor agreement.PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM
GLOSSARY TERM GUIDERetrieve the rule under exam conditions
Answer before reading the explanation. Then explain why every distractor belongs to a different term.
Which statement correctly explains Group boycott?
- A
Antitrust law protects competition by prohibiting agreements and conduct that unreasonably restrain trade, including price fixing, market allocation, and certain group boycotts among competitors.
- B
Price fixing is an agreement among competitors to set, stabilize, raise, lower, or otherwise coordinate prices or price-related terms instead of deciding them independently.
- C
A group boycott is coordinated action by competitors to refuse to deal with a person, firm, platform, supplier, or customer as a way to exclude, punish, coerce, or restrain competition.
- D
Market allocation is an agreement among competitors to divide customers, territories, property types, price ranges, or other markets so they avoid competing with one another.
Group boycott is correct. A group boycott is coordinated action by competitors to refuse to deal with a person, firm, platform, supplier, or customer as a way to exclude, punish, coerce, or restrain competition. One firm may independently choose its business partners for lawful reasons. Competitors agreeing together to cut off a target creates the antitrust issue. Georgia licensees and trade groups must preserve independent brokerage decisions. Collective pressure against a discount broker or new business model is a classic exam pattern.
Mark each box only when you can perform the skill without looking.
I can define the term in one precise sentence.
I can separate it from the closest look-alike.
I can explain the Georgia rule or confirm that the national rule applies.
I can answer the practice check and explain every option.
PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM
GLOSSARY TERM GUIDEConnect the term to the wider exam
Use these relationships to move from isolated recall to a connected exam model.
Practice of Real Estate complete lesson
https://www.passgeorgiarealestate.com/study-guide/practice-of-real-estate/antitrust
Official exam administration and content-outline source.
https://test-takers.psiexams.com/api/content/bulletin/4672Federal source for competition principles and prohibited agreements.
https://www.justice.gov/atr/antitrust-laws-and-you