If a company conspired with or cooperated with other firms to raise prices, it would be in violation of the _______ Act.

Question

Quizplus · Accepted Answer

The Sherman Antitrust Act of 1890 is a federal law that prohibits monopolies or conspiracies that unreasonably restrain trade or commerce. If a company conspires or cooperates with other firms to raise prices, it would be considered an illegal monopoly and in violation of the Sherman Antitrust Act.

If a Company Conspired with or Cooperated with Other Firms