Suppose that the three television networks agreed that each would set aside two prime-time hours each week for quality cultural programming and also established a procedure for noncompetitive scheduling of such programs so that willing viewers would have an opportunity to watch all of the quality programs. Is there any harm to competition? Is there a legitimate justification? Should the government prosecute?

Answer rating: 100% (QA)

The scenario described raises several important questions regarding competition cooperation among competitors and potential government intervention Le... View the full answer