For purposes of the concerted action requirement under Section 1 of the Sherman Act:
A) a corporation is viewed separately from its wholly owned subsidiaries.
B) a firm and its employees are viewed as one entity.
C) concerted action must be established by an express agreement.
D) All of these are correct.

Question

Quizplus · Accepted Answer

A firm and its employees are considered a single entity for the purposes of the concerted action requirement under Section 1 of the Sherman Act, meaning their actions are not subject to scrutiny under this provision as they cannot legally conspire with themselves.

For Purposes of the Concerted Action Requirement Under Section 1