All the first-run movie theaters in Houston, Texas, charge the same prices for tickets. If one cinema
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All the first-run movie theaters in Houston, Texas, charge the same prices for tickets. If one cinema raises its prices, so do the others. What is this type of activity called, and is it a violation of the antitrust laws?
(a) Refusal to deal; it is a rule of reason violation.
(b) Conscious parallelism; it is not a violation in itself.
(c) Price-fixing; it is a per se violation.
(d) Resale price maintenance; it is a rule of reason violation.
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b Conscious parallelism it is not a violation in itself Conscious parallelism refers to a situation ...View the full answer
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Related Book For 
Essentials Of Business Law
ISBN: 9781337404198
6th Edition
Authors: Jeffrey F Beatty, Susan S Samuelson
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