Asked by Kaohulani Palakiko on May 26, 2024
Verified
Price-fixing is considered to be a per se violation of the antitrust laws because
A) a guilty verdict requires proof of injury to consumers.
B) a guilty verdict requires proof of injury to other competitors.
C) the rule of reason is applicable.
D) a guilty verdict need only show that there was a conspiracy to fix prices, not that it succeeded.
Per Se Violation
A legal doctrine in antitrust law where certain business activities are considered illegal in themselves, regardless of their harm or outcomes.
Antitrust Laws
Legislation enacted to prevent new monopolies from forming and promote competition by prohibiting agreements, practices, or mergers that restrain trade or reduce competition.
Conspiracy
An agreement between two or more persons to commit an illegal act or to accomplish a legal end through illegal actions.
- Comprehend the fundamental principles and categories of antitrust legislation, encompassing per se infractions and the rule of reason.
Verified Answer
MG
Manasa GunavaramMay 31, 2024
Final Answer :
D
Explanation :
Price-fixing is considered a per se violation of antitrust laws because it is inherently illegal, regardless of its actual effect on the market or consumers. A guilty verdict for price-fixing does not require proof of injury to consumers or competitors, nor does it require the conspiracy to have been successful; the mere agreement to fix prices is enough for a violation.
Learning Objectives
- Comprehend the fundamental principles and categories of antitrust legislation, encompassing per se infractions and the rule of reason.