Question

In State Oil Company v. Khan, the court examined the issue of vertical maximum price fixing and said:
A.All contracts or conspiracies in restraint of trade are per se unlawful.
B.All contracts or conspiracies in restraint of trade are per se lawful.
C.All contracts or conspiracies in restraint of trade should be evaluated under the rule of reason.
D.The Sherman Act prohibits conspiracies in restraint of trade but does not address illegal contracts.

Answer

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