Omnicon, Inc. and Drummond, Ltd are competitors selling similar lawn equipment in the states of Florida, Georgia, Alabama and South Carolina. Omnicon and Drummond agree that Omnicon will no longer sell equipment in South Carolina and Georgia and Drummond will no longer sell equipment in Alabama and Florida.

Have Omnicon and Drummond violated any antitrust laws? Explain why or why not.

Question

06-06-2024
Business

Answered

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Omnicon, Inc. and Drummond, Ltd are competitors selling similar lawn equipment in the states of Florida, Georgia, Alabama and South Carolina. Omnicon and Drummond agree that Omnicon will no longer sell equipment in South Carolina and Georgia and Drummond will no longer sell equipment in Alabama and Florida.

Have Omnicon and Drummond violated any antitrust laws? Explain why or why not.

Sagot :

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