Exam 9: A Managers Guide to Antitrust Policy

The European Commission is comprised of _____.

If Healthy Crunch contractually requires distributors who purchase Healthy Crunch's snack bars to also purchase Healthy Crunch's breakfast cereal, this is an example of_____ .

Which of the following is determined using the rule- of- reason analysis?

To prevail in a Section 2 case of the Sherman Act, the plaintiff must satisfy all of the following requirements except which one?

The Federal Trade Commission Act and the Sherman Act were passed in the same year.

The Federal Trade Commission Act declares that all of the following are illegal except which one?

To avoid a rule- of- reason violation, the manager of a designer women's clothing firm should not undertake which of these actions without first speaking to an attorney?

If three pizza delivery companies agree to decrease their output and raise the price of their pizzas to $15, this is an example of_______ .

If four large commercial contractors meet and collude on the bids they are going to submit for a large government road contract, this is an example of_______ .

Foreign firms and foreign citizens are exempt from U.S. antitrust laws.

If Sail Away has 15 percent of the market share, Easy Sails has a 30 percent market share, and Big Sails has a market share of 40 percent, according to Chinese law, which of the firm(s)is considered to be a dominant firm?

If Happy Campers has a market share of 70 percent and Campers R Us has a market share of 5 percent, according to Chinese law, Happy Campers______ be considered a dominant firm and Campers R Us ________ be considered a dominant firm.

If an automobile manufacturer has an agreement with its air bag supplier, this is an example of a _______agreement.

In 2017, the Federal Trade Commission required firms to report any merger involving assets that exceeded $80.8 million.

An antitrust agency is identifying the product market for Good X and determines that Good X and Good Y have a cross- price elasticity of 18.6. As a result of the cross- price elasticity, the antitrust agency is likely tov Good Y from Good X's product market as the products ______ compete as close substitutes.

Big Roads and Big Pavers are two competing road construction firms. The managers of these two firms should never undertake all of the following actions except which one?

Happy Campers is competing in the camping market with Camping R Us. Happy Campers drops its price below its cost and, in doing so, drives Camping R Us out of the market. Once Happy Campers is a monopoly, they raise their price and enjoy economic profit. This is an example of_______ .

If four electronics companies agree to decrease their production of cell phones and raise the price of their cell phones to $400, this is an example of ________ .

If found guilty of violating antitrust law in their respective countries, managers in _____and_____ can be imprisoned.

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, the jewelry maker is likely concerned about_______ .