Look at problem 25-14 found on page 718 of your eBook. We will begin our discussion this week by working through this “credit card” problem to help us understand “per se” violations and how they affect how antitrust suits are brought and proven. To get started, let’s answer the following questions about the problem:
Was Visa’s and Mastercard’s conduct illegal under the Sherman Act? Under the Clayton Act? Why or why not?
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