Restraints of trade that are unlawful under Section 1 of the Sherman Act only if their anticompetitive effects outweigh their procompetitive effects are known as ________.
A)nonprice vertical restraints
B)group boycotts
C)division of markets
D)the setting of minimum resale prices

Question

Quizplus · Accepted Answer

Nonprice vertical restraints are evaluated under the rule of reason, which means they are only considered unlawful if their anticompetitive effects outweigh their procompetitive benefits.

Restraints of Trade That Are Unlawful Under Section 1 of the Sherman