Fish Purveyors Corporation and Gill Netters Inc

question 69

Multiple Choice

Fish Purveyors Corporation and Gill Netters Inc. are the principal suppliers of crustaceans in their market. They agree that Fish Purveyors will sell exclusively to retailers and Gill Netters will sell exclusively to wholesalers. This is most likely

• A)a situation that neither restrains trade nor harms competition.
• B)not within the scope of the Sherman Act.
• C)a per se violation of antitrust law.
• D)subject to analysis under the rule of reason.

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Definitions:

Perpetuities

Financial instruments or investments that provide a never-ending stream of cash flows with no expiration date.

Market Price

The current price at which an asset or service can be bought or sold.

Risky

Characterized by or involving uncertainty, potential danger, or financial loss.

Interest Rates

The cost of borrowing money or the return on investment, expressed as a percentage, that lenders charge borrowers over a specified period.