Fact Pattern 46-1B (Questions B4-B5 apply)
Natural Gas, Inc., and Olio Energy Company refine and sell natural gas. To limit the supply of natural gas on the market and thereby raise prices, Natural Gas and Olio Energy agree to buy "excess" supplies from dealers and "dispose" of it.
-Refer to Fact Pattern 46-1B. The Natural Gas and Olio Energy deal is

Question

Quizplus · Accepted Answer

This is a classic example of a per se violation of antitrust law known as market division, where competitors agree to divide the market (limit the supply) and artificially raise prices. This type of agreement is regarded as illegal even without considering the possible economic justifications.

Fact Pattern 46-1B (Questions B4-B5 Apply)