Asked by Melissa Wilkerson on Apr 28, 2024
Verified
Group boycotts by which two or more competing sellers refuse to sell their products to a certain customer are generally per se violations of the Sherman Act.
Group Boycotts
A collective refusal by a group of businesses or individuals to deal with a particular company or person in order to pressure them or to punish them.
Per Se Violations
Actions or behaviors that are automatically deemed illegal or against regulations without the need for further demonstration of harm or intent.
Sherman Act
A landmark federal statute in the antitrust law of the United States that prohibits monopolistic practices and promotes competition.
- Identify and interpret the goals and repercussions of antitrust ordinances like the Sherman Act, Clayton Act, along with other laws on competition in markets.
- Identify the distinctions between sanctioned and illegal business behaviors under the scope of antitrust laws.
Verified Answer
JM
Jolene MaciasMay 02, 2024
Final Answer :
True
Explanation :
Group boycotts by competing sellers to refuse selling to a certain customer are considered per se violations of the Sherman Act because they directly restrict competition and harm the market and consumers by limiting access to goods or services.
Learning Objectives
- Identify and interpret the goals and repercussions of antitrust ordinances like the Sherman Act, Clayton Act, along with other laws on competition in markets.
- Identify the distinctions between sanctioned and illegal business behaviors under the scope of antitrust laws.