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.
Are tech giants such as Google, Amazon, or Facebook dangerous? Do they have too much power? Dive into the murky waters of antitrust as Michael Munger of Duke University talks with EconTalk host Russ Roberts about monopoly, antitrust policy, and competition in the 21st century.