Asked by McGwire Midkiff on Jun 19, 2024
Verified
It is per se illegal for competitors to make an agreement to split up a geographical area and not to directly compete against each other.
Per Se Illegal
Activities or agreements that are deemed illegal without the need for further analysis or proof of their impact on competition.
Geographical Area
A specific portion of the Earth's surface defined by natural or artificial boundaries.
- Critique the legal propriety of commercial practices such as price-fixing, market segmentation, and the implementation of vertical restraints, in relation to antitrust laws.
Verified Answer
TA
Taimoor AhmadJun 24, 2024
Final Answer :
True
Explanation :
Agreements among competing firms to divide up the available market by assigning one another certain exclusive territories or certain customers are illegal per se.
Learning Objectives
- Critique the legal propriety of commercial practices such as price-fixing, market segmentation, and the implementation of vertical restraints, in relation to antitrust laws.
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