Examlex
Groups that fall prey to groupthink have a(n) ________,where they ignore the obvious ethical consequences of their decisions.
U.S. Steel Case
A landmark antitrust case involving the United States Steel Corporation, representing significant legal and regulatory actions in American industrial history.
Illegal Price-Fixing
An unlawful agreement between competitors to set prices at a certain level, generally resulting in unfair competition and higher prices for consumers.
DuPont Cellophane Case
The antitrust case brought against DuPont in which the U.S. Supreme Court ruled (in 1956) that while DuPont had a monopoly in the narrowly defined market for cellophane, it did not monopolize the more broadly defined market for flexible packaging materials. It was thus not guilty of violating the Sherman Act.
Relevant Market
The market segment in which a company competes, defined by its products, customers, and geographic area.
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