Thermo Gas, Inc., and Uno Oil Corporation refine and sell gasoline and other petroleum products.To limit the supply of gas on the market and thereby raise prices, Thermo and Uno agree to buy "excess" supplies from dealers and "dispose" of it.This is

Question

Quizplus · Accepted Answer

The agreement between Thermo and Uno to limit the supply of gas and raise prices by buying "excess" supplies from dealers and "disposing" of them is a clear case of market allocation, which is a per se violation of the Sherman Act. This behavior harms competition and violates antitrust laws.