Which of the following statements is true of Section 2 of the Sherman Act?
A) Joint action is necessary in order to violate Section 2.
B) Section 2 does not outlaw monopolies.
C) In order to show a violation of Section 2, the government or a private plaintiff must not show that the defendant firm has monopoly power.
D) Section 2 outlaws contracts, combinations, and conspiracies.

Question

Quizplus · Accepted Answer

Section 2 of the Sherman Act does not outlaw monopolies. It outlaws the act of "monopolizing." In order to show a violation of Section 2, the government or a private plaintiff must show not only that the defendant firm has monopoly power but also that there is an intent to monopolize on the defendant's part.

Which of the Following Statements Is True of Section 2