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Question
All the gas stations in Smalltown agree to charge the same price for gas. The owners of the various companies get together every Friday in a coffee shop to decide what the price will be next week. This is:
A. a violation of the Sherman Act, Section 1.
B. a violation of the McCarran-Ferguson Act.
C. a violation of the Robinson-Patman Act.
D. not a violation, as long as it benefits consumers.
Answer
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