Michelle just got back from spending two weeks in her company’s germany office. her flight was delayed, so instead of going home and getting some rest, she went right into the office. at the morning status meeting, michelle thought that everyone was sharing their weekend plans, instead of giving their division reports. why did she feel that way?

Cooperation among oligopolies runs counter to the public interest because it leads to underproduction and high prices. in an effort to bring resource allocation closer to the social optimum, public officials attempt to force oligopolies to compete instead of cooperating. consider the following scenario: suppose that the presidents of two auto manufacturing companies exchange text messages in which they discuss jointly raising prices on their new lines of hybrid suvs. this illegal communication would violate which of the following laws? the sherman antitrust act of 1890 the robinson–patman act of 1936 the celler–kefauver act of 1950 the clayton act of 1914