Vertical Agreements
Learn about agreements between manufacturers and distributors.
Transcript
In this lesson, we’ll learn about restrictive agreements between manufacturers and distributors.
I. Vertical Agreements
Section 1 of the Sherman Act prohibits conspiracies in restraint of trade, which provides the basis for the prohibition on horizontal restraints of trade. But Sherman Act § 1 doesn’t prohibit just horizontal conspiracies between competitors; it also encompasses restraints of trade that arise between...
