Friday, January 17, 2014

Horizontal Price Fixing Law School Notes (Anti-trust law)

Horizontal Price Fixing Law School Notes
  1. Horizontal Price Fixing

Basic elements of horizontal price fixing:
  • Agreement among rivals
  • Concerning price
    • Agreements that reduce product quality
    • Agreements that concern merely a component of price (e.g. Catalano Inc. v. Target Sales, Inc. (1980) at 115 – beer wholesaler case)
No defenses:

  • Prices are reasonable
  • Competition would be harmful
  • No anti-competitive effect
  • Justified agreement

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