The Concerted Action Requirement of the Sherman Act Section 1

question 2

Multiple Choice

The concerted action requirement of the Sherman Act Section 1:

• A) may be established by an express agreement.
• B) is not met when a parent corporation and its wholly owned subsidiaries agree to a restraint in trade.
• C) requires factors, additional to conscious parallelism, such as identical sealed bids from each competitor.
• D) All of these are true.