Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN: 9781305506381
Author: James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher: Cengage Learning
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Chapter 12, Problem 7E
To determine
To Explain: The manner in which the price information was shared among the rival oligopolists when collusion among oligopolists has facilitated sharing of information and the reason that the court found these actions to be an antitrust violation. The U. S. Supreme Court interpreted the anti-trust law by reading the case summary of U.S v. U. S. Gypsum Co. et al. (438 U. S. 422), that is available in website www.stolaf.edu/people/becker/anitrust/summaries/438us422.htm.
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Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
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