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Big USOil Company Joins with a Foreign Cartel to Control the the Price

question 30

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Big U.S.Oil Company joins with a foreign cartel to control the price of oil.The cartel has a substantial effect on U.S.commerce.A suit for violation of U.S.antitrust laws can be brought against​ 


Definitions:

Staff Meeting

A gathering of employees led by their employer to discuss issues, progress, or objectives related to the workplace.

Stanley Milgram's Experiment

A series of social psychology experiments conducted in the 1960s to test obedience to authority, revealing people's willingness to follow orders even when they cause harm.

Obedience

Compliance with an order, request, or law or submission to another's authority.

Situational Factors

External influences that affect an individual's behavior, decisions, or performance in a given context or environment.

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