The main problem with pools was that _____________________.
A) too often members sued each other for violation of the agreement creating the pool
B) they did not increase profits
C) the Interstate Commerce Act made them illegal precisely when they were most important
D) there was no legal way to enforce the private agreement that created the pool

Question

Quizplus · Accepted Answer

Pools were essentially private agreements among competing businesses to set prices and divide business among themselves. However, there was no legal way to enforce these agreements, making them difficult to maintain and ultimately ineffective in controlling competition.

The Main Problem with Pools Was That _____________________