United States v. Andreas
United States Court of Appeals for the Seventh Circuit
216 F.3d 645 (2000)
Relevant factsFree
After entering the global lysine market and driving down prices, Archer Daniels Midland executives Andreas and Wilson (defendants) met with three dominant Asian lysine producers and agreed to fix prices and, eventually, allocate production caps and market shares (with mutual purchase commitments for unsold allotments under the caps), later exposed when embezzling executive-turned-informant Mark Whitacre alerted the FBI; the United States (plaintiff) charged Andreas and Wilson with conspiring to violate Sherman Act § 1, and both were convicted and appealed.
IssueFree
Whether, under the Sherman Act, companies are prohibited from conspiring to or agreeing to restrain trade.