Assume the Three Largest Automobile Manufacturers Get Together and Agree

question 4

Essay

Assume the three largest automobile manufacturers get together and agree to set certain prices for their automobiles based upon features.Is there any problem with this agreement under the Sherman Act,and if so,what is the problem,and under what rule would the agreement be analyzed?

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Definitions:

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Fundamental aspects of human morality that serve as the basis for ethical behavior and social judgments.

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Favoring traditional views and values; tending to oppose change in institutions or practices.

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