Univ Airlines and Mirago Airlines are two competing airlines.They make an agreement to charge customers a certain price for airfreight.This leads to the filing of several lawsuits against them by other airlines.In this case,Univ Airlines and Mirago Airlines can be charged under _____.
A)the Clayton Act
B)the Sarbanes-Oxley Act
C)the Sherman Act
D)the Robinson-Patman Act

Question

Univ Airlines and Mirago Airlines are two competing airlines.They make an agreement to charge customers a certain price for airfreight.This leads to the filing of several lawsuits against them by other airlines.In this case,Univ Airlines and Mirago Airlines can be charged under _____.
A)​the Clayton Act
B)the Sarbanes-Oxley Act
C)the Sherman Act
D)​the Robinson-Patman Act

Quizplus · Accepted Answer

The agreement between Univ Airlines and Mirago Airlines to charge customers a certain price for airfreight is a violation of the Sherman Antitrust Act, which prohibits any agreement that unreasonably restrains competition. The Clayton Act and Robinson-Patman Act are also antitrust laws, but they do not specifically address this type of behavior. The Sarbanes-Oxley Act pertains to corporate financial reporting and does not apply to this situation.

Univ Airlines and Mirago Airlines Are Two Competing Airlines