Question: Due to recent significant cost increases, several competing road construction businesses decided to allocate construction projects among themselves based upon historic market share. Under the

Due to recent significant cost increases, several competing road construction businesses decided to allocate construction projects among themselves based upon historic market share. Under the arrangement, a company would be designated to submit a low bid for each project, ensuring that the designated company would be awarded that contract. Such an arrangement is

a; illegal per se

b:illegal as judged under the rule of reason

c.legally justifiable due to economic conditions in the marketplace

d;legal under antitrust law since it does not fix prices

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