In the Alcoa case of 1945, the courts held that
A) the mere possession of monopoly power is a violation of the antitrust laws.
B) only contracts and combinations that unreasonably restrain trade are in violation of the Sherman Act.
C) retail and wholesale firms are exempt from antitrust legislation.
D) firms that sell more than one-half of their output overseas are exempt from antitrust.

Question

Quizplus · Accepted Answer

The Alcoa case established that the mere possession of monopoly power, even without overt abuse, could be a violation of antitrust laws if it was acquired or maintained through exclusionary or anticompetitive practices.

In the Alcoa Case of 1945, the Courts Held That