This analysis is consistent with the Supreme Court cases that have found a basis for the state action exemption. For example, in Parker itself the state policy at issue was a scheme for marketing raisins, one that clearly intended to "restrict competition among the growers and maintain prices in the distribution of their commodities to packers." Id. at 346. Similarly, in City of Lafayette v. Louisiana Power & Light Co., supra, the court held that a municipality's provision of electric utility service on a monopoly basis could be exempt under Parker if the municipality's conduct was authorized by the state, and in New Motor Vehicle Board of California v. Orrin W. Fox Co., 439 U.S. 96, 99 S.Ct. 403, 58 L.Ed.2d 361 (1978), the court declared the Board's regulation of new automobile dealerships exempt under Parker on the ground that the California "Automobile Franchise Act's regulatory scheme is a system of regulation, clearly articulated and affirmatively expressed, designed to displace unfettered business freedom in the matter of the establishment and relocation of automobile dealerships." Id. at 109, 99 S.Ct. at 412. Likewise, in the two state action cases decided during the past term, the Supreme Court declared anticompetitive conduct exempt where the state had evinced a clear intention of displacing competition with regulation. See Town of Hallie v. City of Eau Claire, supra, (municipality's monopolization of sewage treatment facilities undertaken pursuant to state policy); Southern Motor Carriers' Rate Conference, Inc. v. United States, supra, (private motor carriers' collective rate setting authorized by state regulatory schemes). here