Oil Industries Inc. and Petro Corporation are competing refineries situated on the Gulf coast. The two firms cooperate to obtain federal funds to build a levee that could protect their facilities from rising sea levels. With respect to antitrust law, this effort is
A) a violation because it is "objectively baseless."
B) a violation because funds will be spent for an anticompetitive purpose.
C) a violation because it involves a conspiracy to affect market power.
D) exempt from antitrust enforcement.
Correct Answer:
Verified
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