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Michael Munger on Antitrust

EconTalk

Is There a Competition or Collusion?

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If ford and toota call each other and agree on a price, you charge this, i'll charge this. That seems like an agreement and restraint of trade. I promised not to cut my price, or i promised not to produce more than a certain amount. So those are the things that for the first time the sherman act, which was passed in 18 90,. It's often called the sherman anti trust act.

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