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Why conspiracy to raise prices violates the anti-combine law

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Reference no: EM131612388

Question: Apple conspired with five publishers to undercut Amazon's 90 percent share of the e-book market, which caused e-book prices to rise to $12.99 or $14.99 from the $9.99 that Amazon charged.

Explain why this conspiracy to raise prices violates the anti-combine law.

Reference no: EM131612388

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