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In Freeman v.San Diego Assn.of Realtors,most of the real estate Multiple Listing Services joined together to provide their service to real estate agents.The association charged all realtors the same price.When challenged as price fixing,the appeals court held that:


Definitions:

Spreading Activation

A mechanism in neural networks where the activation of one node leads to the subsequent activation of related nodes, facilitating information retrieval.

Priming

A psychological phenomenon where exposure to one stimulus influences the response to a subsequent stimulus, without conscious guidance or intention.

John Wayne

An iconic American film actor famous for his roles in Westerns and war movies.

Representativeness Heuristic

The representativeness heuristic is a cognitive bias where individuals judge the probability or frequency of a hypothesis by considering how much the hypothesis resembles available data.

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