2.4 When interest rates soared in the early 1980s, beer wholesalers began to worry about the cost...
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2.4 When interest rates soared in the early 1980s, beer wholesalers began to worry about the cost of providing 30–45 days of interest-free credit to their retailer customers. As a group, the wholesalers decided to stop this practice. The retailers filed suit, claiming that the wholesalers had violated Section 1 of the Sherman Act. What do you think was the outcome of this case? Explain your answer.
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