Two car manufacturers entered into a joint venture to consolidate their efforts to create more fuel-efficient vehicles. The manufacturers agreed to split the expenses and profits from the joint venture equally. If an antitrust violation is alleged, what standard would be used to evaluate the manufacturers' actions?

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The Answer of Two car manufacturers entered into a joint venture to consolidate their efforts to create more fuel-efficient vehicles. The manufacturers agreed to split the expenses and profits from the joint venture equally. If an antitrust violation is alleged, what standard would be used to evaluate the manufacturers' actions?

Two Car Manufacturers Entered into a Joint Venture to Consolidate