Which act aims to eliminate price-fixing among competing firms in real estate?

The Sherman Antitrust Act of 1890 is the legislation designed specifically to prevent anti-competitive practices in various industries, including real estate. This act prohibits every contract, combination, or conspiracy in restraint of trade or commerce, which includes price-fixing arrangements among competing firms. By addressing these practices, the Sherman Antitrust Act helps maintain a competitive marketplace and protects consumers from inflated prices resulting from collusion.

In contrast, the Real Estate Settlement Procedures Act focuses on certain disclosures and the handling of escrow accounts to protect consumers during real estate transactions. The Fair Housing Act addresses discrimination in housing and does not involve antitrust concerns. The Truth in Lending Act primarily relates to lending practices and the disclosure of credit terms, with a focus on consumer protection in financing rather than competition among firms. Thus, the Sherman Antitrust Act directly targets the elimination of price-fixing, making it the correct choice in this context.