Editing Price fixing (section)

==Exemptions==
When the agreement to control price is sanctioned by a multilateral [[treaty]] or is entered by sovereign nations as opposed to individual firms, the [[cartel]] may be protected from lawsuits and criminal [[antitrust]] prosecution. That is why [[OPEC]], the global [[petroleum]] cartel, has not been prosecuted or successfully sued under [[US antitrust law]].

International airline tickets have their prices fixed by agreement with the [[IATA]], a practice for which there is a specific exemption in [[antitrust law]].<ref>{{Cite web|date=October 7, 2012|title=Australia: IATA enters price fixing saga|url=https://www.competitionpolicyinternational.com/australia-iata-enters-price-fixing-saga/|access-date=January 20, 2023|website=Competition Policy International}}</ref>{{better source needed|date=May 2017}}