Conscious parallelism is sufficient in itself to suggest a conspiracy in violation of Section 1 of the Sherman Act.

Question

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Conscious parallelism refers to a situation where firms in a market independently but similarly adjust their conduct to the economic environment, which might include pricing strategies. This behavior does not in itself prove a conspiracy or an agreement among competitors, which is required to establish a violation of Section 1 of the Sherman Act. The Act targets concerted action that unreasonably restrains trade, and mere parallel conduct without evidence of an agreement does not meet this standard.

Conscious Parallelism Is Sufficient in Itself to Suggest a Conspiracy