Arkansas

• Pages: 222-269

Chapter 5

for the

STATE OF ARKANSAS

Updated and Revised by

Peter G. Kumpe, Esq.

Alison A. Dennington, Esq.

Andrew King, Esq.

Williams & Anderson PLC

Little Rock, Arkansas

The Section of Antitrust Law gratefully acknowledges Page I. Austin, Esq., Theresa

Brown, Esq., Jill L. Groff, Esq., Stephen B. Niswanger, Esq., Sarah M. Priebe, Esq.,

and John T. Shannon, Esq. for their work on this chapterin prior editions.

Arkansas 5-iii

CONTENTS

1. Introduction ................................................................................................... 1

1.a. Overview.......................................................................................... 1

1.b. Source of Law–Statutes and Other................................................... 1

1.d. Relation to Federal Law................................................................... 3

2. The Per Se Rule and the Rule of Reason ....................................................... 3

3. Horizontal Agreements Other Than Group Boycotts .................................... 3

3.a. Price Fixing...................................................................................... 3

3.b. Market Allocation ............................................................................ 4

3.c. Customer Allocation ........................................................................ 5

3.d. Bid Rigging...................................................................................... 5

3.e. Covenants Not to Compete .............................................................. 5

4. Group Boycotts.............................................................................................. 7

4.a. Concerted Refusals to Deal.............................................................. 7

4.b. Expulsion or Exclusion from Membership in Trade

Associations or Other Groups .......................................................... 8

5. Resale Price Maintenance.............................................................................. 9

5.a. Generally.......................................................................................... 9

5.b. Monsanto Rule ................................................................................. 9

5.c. Impact of Leegin .............................................................................. 9

6. Nonprice Vertical Restraints–Intrabrand....................................................... 9

7. Nonprice Vertical R estrains–Interbrand........................................................ 9

8. Tying Arrangements .................................................................................... 10

9. Dual Distribution ......................................................................................... 11

10. Intracorporate Conspiracy............................................................................ 11

11. Monopolization............................................................................................ 12

11.a. Monopolization.............................................................................. 12

11.d. Predatory Pricing............................................................................ 14

12. Mergers........................................................................................................ 14

13. Discrimination & Other Single Firm Pricing Regulation ............................ 15

13.a. Price Discrimination ...................................................................... 15

13.a.1. Territorial or Locality Discrimination......................... 15

13.a.2. Buyer Liability ............................................................ 16

13.a.3. Meeting Competition Defense .................................... 16

13.a.6. O ther Defenses and Exemptions................................. 17

13.a.7. Brokerage .................................................................... 17

13.a.8. Secret P ayments or Allowances.................................. 17

13.a.9. P romotional Allowances or Services .......................... 18

13.a.10. Sales Below Cost and Loss Leaders............................ 18

13.b. Price Gouging and MinimumPricing Statutes............................... 19

13.c. Specific Industry Rules .................................................................. 20

13.c.2. Cigarettes .................................................................... 20

13.c.3. D airy........................................................................... 21

13.c.4. Fuel and Petroleum ..................................................... 22