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A cartel is: A. A trust B. A group of firms colluding to set prices and avoid competition C. A group of sellers who cooperate,

A cartel is:

A.

A trust

B.

A group of firms colluding to set prices and avoid competition

C.

A group of sellers who cooperate, rather than compete.

D.

All of the above.

Which of the following was not addressed by the Clayton Act?

A.

price discrimination

B.

the establishment of the Federal Trade Commission

C.

tying contracts

D.

clarity in the rule of reason.

Which of the following merger would be least likely to be in violation of the Cellar Kefauver Act of 1950?

A.

Vertical

B.

Horizontal

C.

Conglomerate

D.

All would be equally likely

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