EDUCATION Cracking the Ivy Cartel

EDUCATION Cracking the Ivy Cartel

For more than two decades the eight universities that make up the Ivy League, along with the Massachusetts Institute of Technology, have got together and matched one another's financial-aid offers to students. It was an attempt, they say, to avoid bidding wars for the most desirable prospects. But Attorney General Dick Thornburgh charged the schools with price fixing, a violation of the Sherman Antitrust Act.

"This collegiate cartel ((has)) denied ((students)) the right to compare prices and discounts among schools," he said, "just as they would in shopping for any other service."

The schools protested that they had done nothing wrong....

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