According to the U.S.Supreme Court's 1945 ruling on Alcoa,_____
A) all monopolies are legal.
B) price-fixing agreements are illegal under the rule of reason.
C) small firms can be found to be in violation of the Sherman Antitrust Act.
D) mere size is no offense.
E) possession of market power is sufficient for a firm to be found in violation of the Sherman Antitrust Act.
Correct Answer:
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