Article
U.S. Supreme Court Holds That Vertical Price Restraints Are No Longer Per Se Unlawful
On June 28, 2007, the United States Supreme Court overruled 96-year-old precedent governing Sherman Act standards on resale price maintenance. In Leegin Creative Leather Products, Inc. v. PSKS, Inc., No. 06-480, the Court held that resale price maintenance agreements are not per se unlawful under section 1 of the Sherman Act, which prohibits agreements in restraint of trade.
Duane Morris LLP
