Which of the following is an example of a horizontal restraint of trade?
A)resale price maintenance
B)division of markets
C)unilateral refusal to deal
D)conscious parallelism

Question

Quizplus · Accepted Answer

Division of markets refers to an agreement between competitors to divide specific geographic or product markets among themselves, which limits competition and is considered a horizontal restraint of trade. Resale price maintenance is a vertical restraint of trade, unilateral refusal to deal is a unilateral action and conscious parallelism is not considered to be a binding agreement among competitors.

Which of the Following Is an Example of a Horizontal