$!$

Required information

Antitrust

The Sherman Act is divided into two parts: first, the act provides prohibitions against restraint of trade; and second, it covers monopolization. To understand the distinction between the sections, consider the difference between single$-$firm conduct $($only one business engaged in a certain transaction or behavior$)$ and multifirm conduct $($more than one business engaged in a certain transaction or behavior$).$ There are also certain actions or transactions deemed as a per se violation of the Sherman Act. Certain per se violations are through the use of horizontal restraints and vertical restraints. The following exercise requires you match the appropriate agreement to the correct Sherman Act category.

Click on each item below to read a hint about which Sherman Act classification best matches the item. Then click and drag each item to the correct type of restraint.

Agreements to fix prices among competitors for buying or selling a particular good or agreeing to limit production of sale of a product. These agreements are per se violations.

price$-$fixing between

exclusive selling or buyer and seller territory agreements

Horizontal Restraints

price$-$fixing amonp competitors

boycotts