Question: Determine whether the following actions would be found illegal under the antitrust acts in the United States. a. The two largest software firms decide to
Determine whether the following actions would be found illegal under the antitrust acts in the United States. a. The two largest software firms decide to merge; together they would control nearly 60% of the market: (Click to select) b. Two of the largest firms in the car industry decide to reduce output in order to increase prices in the market: (Click to select) c. Firms in the peanut industry decide to pool funds to start an "Eat More Peanuts" campaign: (Click to select) d. Firms operating in the market for breakfast cereal use nonprice competition, such as increasing advertising, in order to gain increased market shares: (Click to select) e. A firm in the market for rubies purchases all the ruby mines in the world. It now controls the entire ruby market: (Click to select)
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