The reference to "sued" leads the conversation astray. Substitute "prosecuted" for "sued" to see the full spectrum of ignorance here. Conspiring with a competit

The reference to "sued" leads the conversation astray. Substitute "prosecuted" for "sued" to see the full spectrum of ignorance here. Conspiring with a competitor to fix costs may be deemed a "contract in restraint of trade" under the Sherman Act. The CEO of a company should know this at some fundamental level, under the category of "things that could send me to jail". Yes, most anti-trust violations are settled with fines and only companies are fined, but violations are a felony and can result in individual fines of up to $1 million (written back when this was a lot of money) and, more significantly for Eric Schmidt, in jail terms of up to 10 years.