Under the Sherman Antitrust Act,division of markets on a product line basis is a rule of reason violation,whereas division of markets on a geographic basis is a per se violation.

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Under the Sherman Antitrust Act, division of markets on a product line basis can sometimes be considered as a rule of reason violation, where the court evaluates the circumstances to determine if the conduct is anti-competitive. On the other hand, division of markets on a geographic basis is usually considered as a per se violation, where the conduct is presumed to be inherently anti-competitive and illegal.

Under the Sherman Antitrust Act,division of Markets on a Product