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In Dr Miles Medical Co

Question 307

Multiple Choice

In Dr. Miles Medical Co. v. John D. Park & Sons, the Supreme Court said that when a producer sells to wholesalers and retailers, and requires them to resell the products at prices set by the producer, under the Sherman Act it was an:


A) illegal restraint of trade
B) illegal under a rule of reason analysis because competition was injured
C) legal under a rule of reason analysis because the medicines were patented
D) legal under a rule of reason analysis because the policy kept prices lower for consumers
E) none of the other choices

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