Exam 9: A Managers Guide to Antitrust Policy

Relative to the United States, the European Union antitrust law focuses more on all of the following except which one?

A merger will usually be challenged if which of the following is expected to occur as a result of the merger?

If an up- scale jewelry maker sells its products to retailers with the explicit condition that the retailers may not resell the products below a specified price, this is an example of ________ .

If a sailboat manufacturer has an agreement with the firm that produces the engines for the sailboats, this is an example of a _______agreement.

The European Union antitrust law focuses on which of the following?

If a firm engaged in a price- fixing agreement first reports the activity to the Department of Justice, the company still faces substantial fees because price- fixing is illegal per se.

Healthy Nuts contractually requires distributors who purchase Healthy Nuts' snack packs to also purchase Healthy Nuts' large- sized mixed nuts tins. The legality of the practice will be evaluated under Section_____ of the Clayton Act.

Both the United States and the European Union consider resale price maintenance to be illegal per se.

Article 102 of the Treaty on the Functioning of the European Union (TFEU)prohibits a dominant firm from doing all of the following except which one?

If a luxury handbag firm enters into an agreement with its distributors by setting the minimum price its distributors can resell its handbags, United States antitrust agencies could examine this agreement using the rule- of- reason.

The legality of which of the following actions would be determined using the rule- of- reason?

If a pre- merger Herfindahl- Hirschman Index (HHI)is greater than ______ , the market is considered not competitive and any merger receives a high level of scrutiny.

If there are four firms in a market and one has a 40 percent market share, one has a 25 percent market share, one has a 20 percent market share, and one has a 15 percent market share, the Herfindahl- Hirschman Index (HHI)in this market is_____ .

If a book publishing company sells its books to retailers with the explicit condition that the retailers may not resell the books below a specified price, this is an example of_______ _ and_______ it illegal per se.

The closer a market's Herfindahl- Hirschman Index (HHI)is to_____ the more competitive the market, which means there are _____firms in the market.

If Cheesy Cheese agrees to sell its cheese to Fresh Pizza on the contractual condition that Fresh Pizza purchases 100 percent of the cheese needed to make its pizzas from Cheesy Cheese, this is an example of_____ .

Mr. Shades Sunglasses promotes its 'buy one, get one half price' offer in which customers who purchase one pair of sunglasses can purchase a second pair at half price. This is an example of _______and is _______.

If four large commercial contractors meet and agree that only one of the four contractors will submit a bid on a large government road contract, this is best defined as_______ .

All of the following actions are potential rule- of- reason violations except which one?

The manager of Happy Chickens, an organic egg producer, should avoid all of the following topics except which one when speaking to managers of Best Eggs, a competitor firm?