Arizona Real Estate License Practice Exam 2025 – All-in-One Resource to Pass with Confidence!

The coordination of pricing strategies between the two property managers raises significant concerns regarding antitrust laws. Antitrust laws are designed to promote fair competition and prevent monopolistic practices in the marketplace. When businesses, especially in the same industry, collaborate to fix prices or engage in price-setting conspiracies, it undermines competition, which can lead to higher prices and fewer options for consumers.

By aligning their rental rates, the property managers are engaging in a form of price-fixing which is prohibited under antitrust regulations. This practice not only harms tenants who may end up paying more for rent due to lack of competition but also can lead to legal consequences for the managers involved.

In contrast, while fair housing laws, RESPA (Real Estate Settlement Procedures Act), and laws against steering address important aspects of real estate practices, they do not directly pertain to the coordination of pricing strategies. Therefore, antitrust laws are the most relevant in this scenario as they specifically address price collusion among competing businesses.