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Announcing The Death Of Colgate.Pdf, Thomas K. Cheng
Announcing The Death Of Colgate.Pdf, Thomas K. Cheng
Thomas K. Cheng
This Article examines the agreement requirement in resale price maintenance (“RPM”) cases and the longstanding exception to the ban on RPM under the Colgate doctrine. It argues for the abolition of the doctrine for a number of reasons. First, there are no persuasive theoretical justifications for requiring an agreement in RPM cases as the most relevant purpose served by an agreement requirement under antitrust law does not apply to RPM. Second, there is no logically coherent and theoretically sound theory of agreement under the doctrine, which means that there is no
principled way to apply the agreement concept in RPM …