illegal per se
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 340 U.S. 211 - Kiefer-Stewart Co. v. Joseph E. Seagram & Sons, Inc. · 1951Most cited · 1,542 citing opinions
For such agreements [to fix maximum resale prices], no less than those to fix minimum prices, cripple the freedom of traders and thereby restrain their ability to sell in accordance with their own judgment. Under the Sherman Act a combination formed for the purpose and with the effect of raising, depressing, fixing, pegging, or stabilizing the price of a commodity in interstate or foreign commerce is illegal per se.