Best View Theatres (BVT) and Prime Time Entertainment (PTE) were talent-booking entities located in Las Vegas, Nevada. Each firm aggressively pursued possible acts, and each worked hard to secure venues for their performers. At a trade convention, the president of BVT and the president of PTE met for dinner. Each decided to direct their respective employees to quit calling on the same acts and the same venues. The two presidents, on a napkin, outlined a “working relationship” that would allow each business to make a nice profit without having to enter into costly “wars” with the other. Is such an arrangement legal? Why?

Answer rating: 100% (QA)

The described arrangement between Best View Theatres BVT and Prime Time Entertainment PTE appears to ... View the full answer