In 1994, the U.S. Department of Justice stopped which of the following practices?
A)airlines explicitly agreeing to divide the market so that each carrier could have a local monopoly
B)airlines preposting fare changes as a form of tacit collusion
C)Microsoft using its monopoly power to coerce computer manufacturers to favor Internet Explorer over rival browsers
D)price-fixing by Japanese, German, and Swedish auto parts makers

Question

Quizplus · Accepted Answer

In 1994, the U.S. Department of Justice stopped airlines from preposting fare changes, which was a form of tacit collusion. This practice allowed airlines to signal price changes to competitors, leading to coordinated pricing strategies without explicit agreements.