Horizontal Price Fixing Law School Notes
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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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