| Line 1: |
Line 1: |
| − | '''Colgate doctrine''' is a [[conservative]] principle in [[antitrust law]] that allows a company to decide, on its own, with whom to do business. Any company may unilaterally terminate business with any other company without triggering a violation of the antitrust laws.
| + | Page corrected by Anon |
| − | | |
| − | The Colgate doctrine is a key right of businesses in a [[free market]] economy. This important doctrine was established by the [[U.S. Supreme Court]] decision in ''United States v. Colgate Co.'', 250 U.S. 300 (1919).
| |
| − | | |
| − | The Model Jury Instruction on this issue is as follows (ABA 2005):
| |
| − | | |
| − | A supplier may go beyond announcing its suggested resale prices. It may announce that it will stop dealing with any distributors that do not follow its suggestions. Announcing such a policy, and then terminating distributors that do not follow the suggested prices, does not by itself constitute a resale price-fixing agreement. This is so because simply announcing and enforcing such a policy does not constitute an agreement between the supplier and anyone else.
| |
| − | | |
| − | This is so even if distributors follow the suggested resale prices because they fear they will be terminated if they do not follow the suggestions. ... To establish [unlawful] resale price-fixing in such a situation, the plaintiff must show that the distributor reached an agreement on price with the supplier, rather than merely followed the supplier's suggestion.
| |
| | | | |
| | | | |
| | [[Category:Antitrust]] | | [[Category:Antitrust]] |