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WPF DRPSCU 09 0270 Sealed Confidential Reports Cover Sheet Washington Form

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WPF DRPSCU 09 0270 Sealed Confidential Reports Cover Sheet Washington Form

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a vertical restraint is an agreement between members of a supply chain such as manufacturers and retailers to fix the price of goods in 1968 the United States Supreme Court held an Albrecht versus Herald company that vertical maximum price fixing was per se illegal however nearly three decades later the Supreme Court reconsidered this decision in state Oil Company versus Khan barcat Khan leased and operated a gas station owned by state oil company the lease contained maximum resale price provisions under its terms Khan would purchase gasoline from State oil at a suggested retail price minus 3.25 cents per gallon Khan was free to charge customers any price for gas but any excess profits over State oil suggested price were to be rebated to State oil after only a year of operation Khan fell behind on the lease payments and state oil started an eviction process against Khan Khan brought suit against State oil alleging that state oil's pricing policy constituted vertical price fixin

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