The McCarran-Ferguson Act does not exempt all actions by insurance companies from antitrust liability.

Name: The McCarran-Ferguson Act does not exempt all actions by insurance companies from antitrust liability.
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The McCarran-Ferguson Act exempts from federal antitrust scrutiny those aspects of the business of insurance that are subject to state regulation.The Act provides,however,that state law cannot legitimize any agreement to boycott,coerce,or intimidate others.

The McCarran-Ferguson Act Does Not Exempt All Actions by Insurance