Several business people attended a trade show. In an elevator ride in which all the owners of

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Several business people attended a trade show. In an elevator ride in which all the owners of tool companies were present, one suggested that they could all make money if they would simply increase prices 10% above last year’s price of his product. Nothing else was said. The prices of all the tools were increased 10% over last year’s individual price. Are they guilty of violation the Sherman Act?
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