Asked by
Audrey Musil
on Nov 21, 2024
Verified
In attempting to establish a violation of the Sherman Act, what type of trade violation would the government most likely allege?
A) A vertical restraint
B) A horizontal restraint
C) A corresponding restriction
D) An agreed restriction
E) A rule-of-reason restriction
Sherman Act
A United States antitrust law passed in 1890 that prohibits monopolistic practices and promotes competition.
Horizontal Restraint
A type of anti-competitive practice that occurs between businesses at the same level of the supply chain, such as agreements between competitors to fix prices or divide markets.
- Familiarize oneself with the characteristics and implications of various entrepreneurial strategies and their legal standing under antitrust provisions.
Verified Answer
RS
Learning Objectives
- Familiarize oneself with the characteristics and implications of various entrepreneurial strategies and their legal standing under antitrust provisions.