Examlex
Distribution, price, promotion, and product are all elements of
Sherman Act
An antitrust law enacted in 1890 to combat monopolies and cartels, promoting fair competition for the benefit of consumers.
DOJ
The Department of Justice, a federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.
Concerted Action Requirement
A legal criterion necessitating a cooperative or joint effort among individuals or entities to achieve a particular outcome.
Conscious Parallelism
A situation where firms in an industry independently choose similar pricing, production, or marketing practices without explicit agreement.
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