Some agreements are so blatantly and substantially anticompetitive that they are deemed illegal per se under Section 1 of the Sherman Act. Which of the following is not a per se violation?

Question

Quizplus · Accepted Answer

A trade association is not necessarily an anticompetitive agreement and cannot be deemed illegal per se under Section 1 of the Sherman Act. However, it may be subject to scrutiny under the rule of reason to determine whether it unreasonably restrains trade. On the other hand, price-fixing agreements, group boycotts, and market divisions are considered per se violations because they have anti-competitive effects that outweigh their potential pro-competitive benefits.

Some Agreements Are So Blatantly and Substantially Anticompetitive That They