Multiple Choice
American Oil Company joins a cartel that includes foreign participants to set the price of oil. The cartel has a substantial effect on U.S. commerce. With respect to the foreign participants, under U.S. antitrust laws, this is most likely
A) a per se violation.
B) a violation, depending on the price.
C) a violation, depending on the effect in foreign markets.
D) not a violation.
Correct Answer:
Verified
Correct Answer:
Verified
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