Under the Sherman Anti-Trust Act it is illegal to
A)successfully undercut a competitor's price.
B)use monopoly power in one market to foster a monopoly in another.
C)charge high prices.
D)innovate in such a way that others cannot keep up.

Question

Quizplus · Accepted Answer

The Sherman Anti-Trust Act prohibits the use of monopoly power in one market to create or maintain a monopoly in another market. This is known as monopoly leveraging or tying arrangements. Undercutting prices, charging high prices, and innovating in a way that others cannot keep up with are not explicitly illegal under the Sherman Anti-Trust Act.

Under the Sherman Anti-Trust Act It Is Illegal to