Under Section 1 of the Sherman Act,which of the following is illegal per se?
A)Vertical market allocations.
B)Horizontal market allocations.
C)Vertical price restraints.
D)Both (b) and (c).

Question

Quizplus · Accepted Answer

Horizontal market allocations, also known as agreements among competitors, are considered illegal per se under Section 1 of the Sherman Act. This means that they are automatically considered illegal without any consideration of their actual effects on competition. Vertical market allocations and vertical price restraints may or may not be illegal depending on the specific circumstances and their effects on competition.

Under Section 1 of the Sherman Act,which of the Following