For the purpose of giving each an exclusive territory,competing businesses may enter into a ______.
A) bilateral territorial agreement
B) vertical territorial agreement
C) horizontal territorial agreement
D) competitive territorial agreement
E) congeneric territorial agreement

Question

Quizplus · Accepted Answer

For the purpose of giving each an exclusive territory, competing businesses may enter into a horizontal territorial agreement. For example, if all dealers of a particular luxury car in a state agree to allocate to each an exclusive territory, a horizontal arrangement would exist. This agreement is illegal per se under the Sherman Act.

For the Purpose of Giving Each an Exclusive Territory,competing Businesses