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In US V US

Question 40

Multiple Choice

In U.S. v. U.S. Steel Corporation , the Supreme Court ruled that


A) U.S. Steel had violated the Sherman Act, particularly by organizing meetings with competitors such as the "Gary Dinners."
B) despite the fact that U.S. Steel controlled 50 percent of output in the steel industry, the company had not achieved monopoly power.
C) large corporations, by definition, violate the Sherman Act.
D) the Sherman Act did not apply to U.S. Steel because steel manufacturing was an activity "clothed with a public interest."

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