A group of manufacturers of LCD screens for computers and cell phones met together monthly in private conference rooms in hotels to discuss their markets and kept notes with phrases such as "Must act together with the Korean makers in order to reap success," and "Extremely confidential. Must not distribute." The result was that the LCD screen producers were able to command high prices for their products, prices that were non-negotiable. Which of the following statements is correct about their conduct?
a. The manufacturers had engaged in a per se violation of antitrust laws.
b. The manufacturers violated the Sherman Act.
c. The manufacturers violated the Clayton Act.
d. both a and b
e. all of the above
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A group of manufacturers of LCD screens for computers and cell phones met together monthly in private conference rooms in hotels to discuss ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Suppose the Fed bought $150 million of U. S. securities from the public. The reserve requirement is 20 percent, and there are no initial excess reserves.
Answers (1)
Macro-marketing: 1. is concerned with the activities performed by individual business organizations. 2. none of the above is true. 3. refers to a set of activities performed by both profit and nonprofit organizations. 4.
Answers (1)
Gold Leaf Computers sources the components for its laptops from various suppliers on the market. The firm pays $100 for processors, $35 for disk drives, $50 for screens, $10 for memory, and $40 for graphics and wireless internet cards.
Answers (1)
Which statement is true? Multiple ChoiceThe less liquid assets a firm holds, the less likely it is that the firm will experience financial distress.
Answers (1)
A leasea) Must be for at least one yearb) Conveys the right of occupancy to anotherc) Must include the landlord paying the taxesd) Does not affect the appraisal since it does not affect the sal-able interest
Answers (1)
New Questions in Business
Select the correct answer. GlobalConnect Inc. claimed in its advertisement that you can buy mobile phones on credit. Which federal law is applicable when GlobalConnect Inc. states its credit terms? A. Fair Debt Collection Practices Act B.
Answers (1)
Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $135,000 and Bowen's is $120,000. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $115,000 in the partnership.
Answers (1)
A large company produces paint and other home decorating products. Its goal is to choose the marketing channel arrangement that will give it the most control over supply sources. Which marketing channel system should this company choose?
Answers (1)
Wendy is a college student in her sophomore year. she is single with no kids, has vegetation paid for by scholarship. what type of life insurance does she need?
Answers (1)
Difference between a parttime and fulltime job
Answers (1)