The concerted action requirement of the Sherman Act Section 1:
A) may be established by an express agreement.
B) is not met when a parent corporation and its wholly owned subsidiaries agree to a restraint in trade.
C) requires factors, additional to conscious parallelism, such as identical sealed bids from each competitor.
D) All of these

Question

Quizplus · Accepted Answer

The concerted action requirement of the Sherman Act Section 1 can be established through express agreements, does not apply to agreements within a single enterprise such as a parent corporation and its wholly owned subsidiaries, and requires more than just conscious parallelism, often necessitating additional factors like identical sealed bids to prove collusion.

The Concerted Action Requirement of the Sherman Act Section 1