Asked by Adrian Batista on Jun 19, 2024
Verified
Which of the following statements is true about indirect purchasers?
A) Indirect purchasers' recovery from defendants precludes recovery by direct purchasers.
B) The Supreme Court has held that indirect purchasers lack standing to sue for antitrust violations.
C) The Supreme Court has held that indirect purchasers can recover only their actual losses.
D) Indirect purchasers do not have the standing to sue under any state antitrust statute.
Indirect Purchasers
Buyers who acquire a product or service through an intermediary or secondary market, rather than directly from the producer.
Antitrust Violations
Refers to illegal actions taken by companies to hurt competition, like fixing prices, monopolies, or illegal mergers.
- Identify the particular legal solutions and repercussions for breaches of antitrust laws, such as fines and compensations.
Verified Answer
LM
LaShay McEachernJun 24, 2024
Final Answer :
B
Explanation :
The Supreme Court has held that indirect purchasers lack standing to sue for antitrust violations.Nevertheless,a number of states have enacted statutes allowing indirect purchasers to sue under state antitrust statutes.
Learning Objectives
- Identify the particular legal solutions and repercussions for breaches of antitrust laws, such as fines and compensations.