Historical note: In separate court cases, ALCOA and DuPont both faced charges brought by the government that they
A) flooded the market with output to undermine its competition
B) charged excessively high prices
C) imposed illegal barriers to entry in their respective markets
D) monopolized their markets
E) sought to create monopolistic competition in their markets

Question

Quizplus · Accepted Answer

Both ALCOA (Aluminum Company of America) and DuPont were charged with monopolizing their markets. ALCOA faced these charges for monopolizing the aluminum market, while DuPont was charged with monopolizing the cellophane market.

Historical Note: in Separate Court Cases, ALCOA and DuPont Both