Asked by Kayla Ellison on Jul 21, 2024
Verified
In which of the following pairs of antitrust cases did the firms prevail against the antitrust charges leveled against them?
A) the Alcoa case and the Microsoft case
B) the U.S. Steel case and the Alcoa case
C) the DuPont cellophane case and the U.S. Steel case
D) the U.S. Steel case and the Microsoft case
Alcoa Case
A landmark antitrust case in the United States involving the Aluminum Company of America (Alcoa), which set precedent for defining monopolistic practices.
Antitrust Charges
Legal accusations against entities suspected of violating laws designed to promote competition and prevent monopolistic practices.
U.S. Steel Case
refers to legal cases or antitrust litigation involving the United States Steel Corporation, often focusing on issues of monopolistic practices and competition law.
- Understand crucial antitrust trials and their influence on shaping the business sector in the U.S.
Verified Answer
SK
Sivakrishna KolliJul 24, 2024
Final Answer :
C
Explanation :
In the DuPont cellophane case (United States v. E. I. du Pont de Nemours & Company, 1956) and the U.S. Steel case (United States v. United States Steel Corporation, 1920), the firms prevailed against the antitrust charges. The courts found that DuPont did not have monopolistic control over the cellophane market, considering the availability of other flexible packaging materials. Similarly, U.S. Steel was not found to be in violation of the Sherman Antitrust Act, as the company did not unlawfully restrain trade.
Learning Objectives
- Understand crucial antitrust trials and their influence on shaping the business sector in the U.S.