ALCOA was found guilty of violating the antitrust statutes in 1945 because it:
A) had engaged in unfair pricing practices.
B) forced competing firms out of business with unfair business practices.
C) exploited its monopoly power to charge high prices.
D) used its knowledge of the market to expand its capacity before any competitors had a chance to enter the market.

Question

Quizplus · Accepted Answer

ALCOA was found guilty because it used its knowledge of the market to expand its capacity preemptively, effectively preventing competitors from entering the market, which was seen as a violation of antitrust laws.

ALCOA Was Found Guilty of Violating the Antitrust Statutes in 1945