In US V Trenton Potteries Co

question 431

Multiple Choice

In U.S. v. Trenton Potteries Co., competitors openly fixed prices and restrained sales. The Supreme Court held that:

• A) Section 2 of the Clayton Act was unconstitutional
• B) price fixing is per se illegal
• C) cartels that serve to lower consumer prices may be legal
• D) as a potters association they were exempt from the antitrust laws
• E) horizontal groupings that do not involve mergers are not illegal

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Definitions:

Sandstone

A sedimentary rock composed mainly of sand-sized mineral particles or rock fragments.

Avalanche

A rapid flow of snow, ice, and possibly debris down a mountain slope, often triggered by factors like weather, temperature, and disturbances.

Imbricated Clasts

Rock fragments arranged in a way that they overlap each other like shingles on a roof, typical in sediment deposited by flowing water.

Earthquake

A sudden and violent shaking of the ground, often caused by movement within the Earth's crust or volcanic action.