Question

LMNOP Corp. has been convicted under the Sherman Act for two distinct and separate violations. LMNOP may be fined as much as _____ for these two violations.

Answer 1

200 million dollars.

Step-by-step explanation:

The Sherman Law is an anti-trust law implemented in the year 1980 to outlaw market monopolization and anticompetitive agreements among businesses and corporations. The Sherman Antitrust Act states that corporates that violate the law would be subjected to a fine of about 100 million dollars per violations.

Therefore, if LMNOP Corp. has been convicted of two distinct and separate violations under the the Sherman Act, LMNOP may be fined as much as 200 million dollars for these two violations.