Perfecto Appliance Company,Qualité Kitchens Corporation,and Royale Products,Inc. ,control 90 percent of the market for appliances in a certain geographic area.Perfecto,Qualité,and Royale agree to sell their appliances for the same prices,and to exclude Superia Appliances,Inc. ,which controls the other 10 percent of the market.This is

Question

Quizplus · Accepted Answer

This is a per se violation of the Sherman Act since the companies have agreed to set prices and exclude a competitor. This behavior is considered illegal without needing further analysis under the rule of reason.