Horizontal arrangements among competing retailers, wholesalers, or producers to limit sales by customer or territory have consistently been
a. shown to increase competition.
b. a regular practice in the U.S.
c. encouraged in the U.S. but not in many international markets.
d. a successful strategy for entering international markets.
e. ruled illegal by the U.S. Supreme Court.
Answer: e. ruled illegal by the U.S. Supreme Court.