otal points: $-/1$

Attempts left: $1$

ou attend a university in a city that has four colleges. You buy your lunches at your university cafeteria. You think the prices at the cafeteria are igh. You recently saw in the news that the food vendors at your university and the other three colleges in the area are being prosecuted by the repartment of Justice for the antitrust violation of market division. You wonder what they allegedly did wrong.

what is market division and is it a per se violation of the Sherman Act?

Market division refers to agreements among competitors to set a minimum price at which goods will be sold. It is a per se violation.

Market division means dividing up or allocating territories or customers among competitors. The outcome is that each competitor is freed from competition in its assigned area. It is a per se violation.

Market division means dividing up or allocating territories or customers among competitors. It is not a per se violation but is subject to the rule of reason.

Market division refers to an agreement by two or more sellers to refuse to deal with a particular person or company. It is a per se violation.