South Carolina

• Pages: 2197-2245

Chapter 44

for the

STATE OF SOUTH CAROLINA

Updated and Revised by

Harvey I. Saferstein, Esq.

Mintz Levin Cohn Ferris Glovsky & Popeo, PC

Los Angeles, California

Jeffrey S. Cashdan, Esq.

Brian A. White, Esq.

Jonathan R. Chally, Esq.

King & Spalding LLP

Atlanta, Georgia

The Section of Antitrust Law gratefully acknowledges Susan S. DeSanti, Esq., Brian

R. Henry, Esq., Janet L. McDavid, Esq., and Alan A. Stevens, Esq. for theirwork on

this chapter in prior editions.

South Carolina 44-iii

CONTENTS

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

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

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

1.e.Remedies.......................................................................................... 3

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

3.Horizontal Agreements Other Than Group Boycotts .................................... 4

3.a.Price Fixing...................................................................................... 5

3.b.Market Allocation ............................................................................ 5

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

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

3.e.Covenants Not toCompete .............................................................. 5

4.Group Boycotts.............................................................................................. 6

4.a.Concerted Refusals to Deal.............................................................. 6

4.b.Expulsion or Exclusion from Membership in Trade

Associations or Other Groups .......................................................... 7

5.Resale Price Maintenance.............................................................................. 7

5.a.Generally.......................................................................................... 7

5.b. Monsanto Rule ................................................................................. 7

5.c.Impact of Leegin .............................................................................. 8

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

7.Nonprice Vertical Restraints–Interbrand....................................................... 9

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

9.Dual Distribution ......................................................................................... 10

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

11.Monopolization............................................................................................ 11

12.Mergers........................................................................................................ 12

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

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

13.a.1.Territorial orLocality Discrimination......................... 13

13.a.2.BuyerLiability ............................................................ 14

13.a.3.Meeting Competition Defense .................................... 14

13.a.6.O ther Defenses and Exemptions................................. 14

13.a.7.Brokerage .................................................................... 15

13.a.8.Secret P ayments or Allowances .................................. 15

13.b.Price Gouging and MinimumPricing Statutes............................... 15

13.c.Specific Industry Rules ..................................................................16

14.Exemptions and Defenses to Antitrust Liability.......................................... 16

14.a.Statutory Exemptions and Defenses............................................... 16

14.a.1.StateAction................................................................. 16

14.a.4.Statuteof Limitations.................................................. 17

14.a.7.Insurance ..................................................................... 18

14.a.12.Fueland Petroleum .....................................................18

14.a.23.Miscellaneous ............................................................. 18

15.Government Enforcement............................................................................ 19

15.a.Criminal ......................................................................................... 19