The Leegin Creative Leather Products, Inc. v. PSKS, Inc. case held that:
A) vertical agreements establishing minimum resale prices should be judged by the rule of reason standard.
B) vertical agreements establishing minimum resale prices are illegal per se .
C) horizontal price fixing agreements must be evaluated by studying the reasonableness of the restraint in light of real market forces at work in the situation.
D) if a seller can show it costs less to sell to a particular buyer, the seller may lawfully pass along the cost savings.

Question

Quizplus · Accepted Answer

The Leegin Creative Leather Products, Inc. v. PSKS, Inc. case held that vertical agreements establishing minimum resale prices should be judged by the rule of reason standard, overturning the older per se illegality of such agreements.