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Report On Antitrust Implications Of Joint Industry Activities Under Price Controls, William W. Sadd, William E. Huth, John C. Cortesio, Howard Hunter

Research Collection Yong Pung How School Of Law

Pursuant to the authority of the Economic Stabilization Act of 1970, the nation has recently experienced "Phase IV" of a program of price controls. This statutory authority expired on April 30, 1974, except as to certain petroleum products. Phase IV, to a greater extent than the preceding three phases of controls, gave rise to a need and an opportunity for joint industry efforts to influence and guide governmental authorities in shaping pricing policies in the economy. This report, therefore, examines the legal basis for such joint industry activities within the purview of Section 1 of the Sherman Act. If authority …