Petro Inc and QualGas Corporation Refine and Sell Natural Gas

question 70

Multiple Choice

Petro Inc. and QualGas Corporation refine and sell natural gas. To limit the supply on the market and thereby raise prices, Petro and QualGas agree to buy "excess" supplies from dealers and "dispose" of it. This is

• A) a deal that neither restrains trade or harms competition.
• B) not within the scope of the Sherman Act.
• C) a per se violation of the Sherman Act.
• D) subject to analysis under the rule of reason .

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