27 Jan 2021
Sherman Act Section 1 Basics
Courts interpret Section 1 of the Sherman Act to prohibit only unreasonable restraints of trade. The basic elements are (1) concerted activity, (2) unreasonable restraint, and (3) effect on interstate commerce or foreign trade.
READ Sherman Act Section 1 Fundamentals »
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- Horizontal Restraints
Understand why agreements among competitors are most risky. - Resale Price Restraints in Vertical Agreements
Review the reasons agreements among customers and suppliers regarding price are also risky. - Nonprice Restraints in Vertical Agreements
Read about why other agreements among customers and suppliers create risk in specific circumstances.
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