Legal Opinion
State Oil Co. v. Khan
Supreme Court of the United States
Decided November 4, 1997No. 96-871PublishedCited by 873 opinions
1Opinion of the CourtJustice O’Connor
Under § 1 of the Sherman Act, 26 Stat. 209, as amended, 15 U. S. C. § 1, “[e]very contract, combination..., or conspiracy, in restraint of trade” is illegal. In Albrecht v. Herald Co., 390 U. S. 145 (1968), this Court held that vertical maximum price fixing is a per se violation of that statute. In this ease, we are asked to reconsider that decision in light of subsequent decisions of this Court. We conclude that Albrecht should be overruled.
Respondents, Barkat U. Khan and his corporation, entered into an agreement with petitioner, State Oil Company, to lease and operate a gas station and…
2Cases cited31 opinions
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Payne v. TennesseeSupreme Court of the United States · 1991
- Patterson v. McLean Credit UnionSupreme Court of the United States · 1989
- United States v. Socony-Vacuum Oil Co.Supreme Court of the United States · 1940
- Rodriguez De Quijas v. Shearson/American Express, Inc.Supreme Court of the United States · 1989
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3Cited by873 opinions
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