Exam 47: B:antitrust Law

Lightning Cycles,Inc. ,makes Lightning-brand motorcycles and accessories,which are distributed to authorized dealers,including Macho Motors,Inc.Macho operates dealerships in several locations.Lightning imposes territorial restrictions on Macho to insulate other dealers from direct competition.This is

An antitrust action is brought against Tri-State Transport Company,al?leging the offense of attempted monopolization.To be guilty of this of?fense,Tri-State's attempt must have

Health Resources Corporation makes and sells Intake,the most prescribed name-brand cholesterol-lowering medication.Jenerica Company has the potential to make a generic version of the same drug.Health Resources pays Jenerica not to sell its product.This is

By contract,Quality Metals Corporation forbids Resource Refining,Inc. ,a wholesale buyer of Quality's products,from purchasing the products of Quality's competitors.This exclusive-dealing contract is allowed

Helio Company can process hydrogen into an inexpensive fuel for internal combustion engines.As an innovator in its market,Helio currently has the power to affect the price of its product.This is

A contract under which a seller forbids a buyer to purchase products from the seller's competitors is a tying arrangement.

Monopsony power is market power on the buy side of a market.

Territorial and customer restrictions are currently considered per se violations of antitrust law.

Any agreement among competitors to fix prices constitutes a per se violation of antitrust law.

In a situation involving a price-fixing agreement,normally each competitor is liable for the total amount of any damages.

North Mining Company and South Excavation Company agree to abide by the decisions of East Coast Financial Corporation as to their respective levels of production,markets,and prices,effectively reducing competition and increasing profits.This is most likely

Mango Corporation believes that Melon Corporation engages in anticom?peti?tive behavior in an attempt to drive Mango,its chief competitor,out of the market.Antitrust laws can be enforced against Melon by

For products that are sold nationwide,there are no geographic boundaries for the market.

Unilateral conduct can not result in a violation of antitrust law.

Engine Components,Inc. ,a manufacturer of vehicle parts,refuses to sell to Fix-It,Inc. ,a national vehicle service firm.Engine Components convinces Greasy Motor Parts Company,a competitor,to do the same.This is

Only the U.S.Department of Justice can prosecute violations of all of the antitrust laws.

Any action challenged as an attempt to monopolize must have been specifically intended to exclude competitors and garner monopoly power.

International Products,Inc.(ICI),has exclusive control over the market for its product.ICI's market power is most likely

When a small number of companies share a large part of a market,the market is concentrated.

Rally Speedboat Corporation refuses to sell its products to Super Weekends,Inc. ,a recreational water products dealership.This is