The four largest automobile manufacturers in a country each individually come to a decision to stop purchasing tires from a certain company.In accordance with the ________ doctrine,they cannot be charged with a violation of Section 1 of the Sherman Act.
A) conscious parallelism
B) Noerr
C) Colgate
D) failing company

Question

Quizplus · Accepted Answer

The conscious parallelism doctrine suggests that if companies independently make the same decision without explicit agreement or coordination, they are not in violation of antitrust laws like Section 1 of the Sherman Act. This doctrine applies because the automobile manufacturers each individually decided to stop purchasing tires, implying there was no concerted action.

The Four Largest Automobile Manufacturers in a Country Each Individually