Final answer:
Under the Sherman Antitrust Act, minimum resale price maintenance agreements are generally seen as illegal because they restrict competition, and it's false to say they receive rule of reason analysis under this act.
Step-by-step explanation:
Agreements between retailers that establish a minimum price that a product can be sold at, such as minimum resale price maintenance agreements, are generally considered illegal under the Sherman Antitrust Act. This is because they can potentially restrict competition among dealers, which could be detrimental to consumers. It's false to state that such agreements receive rule of reason analysis under the Sherman Act; instead, they are often directly seen as violations. Manufacturers can, however, suggest minimum prices and choose not to sell to dealers who regularly sell below these suggested prices.