The National Coal Association (NCA) is a group of independent coal-mining companies. Demand for coal falls, so
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The National Coal Association (NCA) is a group of independent coal-mining companies. Demand for coal falls, so the price drops. The Coal Refiners Association, a group of coal-refining companies, agrees to buy NCA’s coal and sell it according to a schedule that will increase the price. This agreement is
a. exempt from the antitrust laws.
b. subject to evaluation under the rule of reason.
c. a per se violation of the Sherman Act.
d. none of the above.
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Related Book For
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell
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