Which of the following types of businesses enjoys a statutory exemption from the Sherman Act?
A) Insurance companies
B) Pharmaceutical companies
C) Educational institutions
D) Software companies
E) Consumer products companies

Question

Quizplus · Accepted Answer

Certain businesses may be exempt from the Sherman Act because of a statute or as the result of a judicial decision. Among activities and businesses for which there are statutory exemptions are insurance companies; farmers' cooperatives; shipping, milk marketing, and investment companies.

Which of the Following Types of Businesses Enjoys a Statutory