Exam 28: Answers to the Issue Spotters

Wiley trades in securities on a regional securities exchange.These trades are subject to regulation by

Penquin Ltd.agrees with Apple Corporation to use the "agency" model of setting prices and paying commissions on the sales of e-books for iPads.Under this model, publishers

MetaRay, Inc., and Nucleo Corporation are the only suppliers in their market.They agree to coordinate their production so as to limit output and charge a higher price.Under the Sherman Antitrust Act of 1890, this is

At Global Holdings Inc., the shareholders cast a vote on executive compensaiton for senior executives.Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, this vote is binding on

Raoul is a senior executive at Securities Investment Corporation, a U.S.company.Teo is a Securities Investment shareholder.Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, shareholders have the right to vote on executive compensaiton for senior executives at

Etoile Metrics, S.A., a French software firm, is harmed by an exclusive-dealing scheme engineered by Flash Search, Inc., a U.S.software firm.Compared to U.S.laws, the European Union's laws

The U.S.Department of Justice files a suit against Random House, Inc., and other major book publishers, charging that they conspired to fix the prices of e-books.One result of limiting e-book price competition is that consumers

Deutsche Werke, GmbH., a German firm, is harmed by a price-fixing scheme engineered by Collider Industries, S.A., an international cartel.The European Union is most likely to

Banners, Inc., has the power to control the market for its product.Crest Corporation and Delphic Shield Industries, Inc., agree to limit their competitiveness to increase their profits.The Sherman Antitrust Act of 1890 prohibits restraints on trade and commerce that originate from

Haruo commits a civil violation of federal securities laws.An enforcement action against Haruo can be brought by