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Business Law II

6. The legal test to determine if a company has become a monopoly in the market place, as discussed in the merger of the car

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Answer #1

Q. 6)

c) The antitrust test.

This type of test is used to determine whether a company is in a monopoly market or whether it is involved in a price-fixing action. The legal method of determining is known as the rule of reason. One of the major Antitrust law is the Sherman Antitrust law. As monopoly cuts out the competition from the market, so basically it is breaking the antitrust law.

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