Using IRAC, organize this issue into the various legal issues that arise, based on the concepts you just learned.

East Oak, Ceramic Barn, and Box and Cylinder are three major players in the mid-range furniture and dcor market. Often found in the local shopping mall, these brick-and-mortar furniture stores are facing major competition from online furniture stores. Combined, East Oak, Ceramic Barn, and Box and Cylinder own approximately 65% of the market share. To compete with the online retailers and consolidate costs, the three furniture firms propose a merger.

• Is East Oak, Ceramic Barn, and Box and Cylinder's agreement illegal?
• Does this merger violate the Sherman Act?
• Does this merger violate the Clayton Act?