Question

Small State has a limited customer base north and south of the interstate highway. Company A and Company Z agree that A will sell north of the interstate highway and Z will sell south of the interstate. This is a ___________ violation of the Sherman Antitrust Act.

1) per se
2) rule-of-reason
3) joint federal and state
4) minor

Answer 1

The agreement between Company A and Company Z to divide the market north and south of the interstate highway is a per se violation of the Sherman Antitrust Act.

Step-by-step explanation:

This is a per se violation of the Sherman Antitrust Act. The agreement between Company A and Company Z to divide the market north and south of the interstate highway is a per se violation of the Sherman Antitrust Act.

The Sherman Antitrust Act, passed in 1890, made it illegal to monopolize or attempt to monopolize and conspire in restraining commerce. The agreement between Company A and Company Z to divide the market north and south of the interstate highway would limit competition and restrict consumer choice,

The agreement between Company A and Company Z to divide the market north and south of the interstate highway is a per se violation of the Sherman Antitrust Act. which is a violation of the act.