Asked by Leanna Lolita on Jun 19, 2024
Verified
When two or more persons or business entities join for the purpose of restraining trade,a(n) ________ occurs.
A) conspiracy
B) monopoly
C) acquisition
D) oligopoly
Restrain Trade
Practices or agreements that restrict competition, often considered illegal under antitrust laws.
Conspiracy
An agreement between two or more parties to commit an illegal act or to use illegal means to achieve a legal end.
- Identify and explain different forms of antitrust violations including monopolies, conspiracies, and restraint of trade.
Verified Answer
JS
Jagjot SinghJun 22, 2024
Final Answer :
A
Explanation :
When two or more persons or business entities join for the purpose of restraining trade,a conspiracy occurs.
Learning Objectives
- Identify and explain different forms of antitrust violations including monopolies, conspiracies, and restraint of trade.
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