Match the Anti- Competitive Practices to the Definitions

Multiple Choice

Match the anti- competitive practices to the definitions.
-Rental- only contracts

A) A firm is only prepared to supply certain selected retail outlets.
B) A vertically integrated firm controls the supply of an input and charges competitors a high price for that input so that they cannot compete with it in selling the finished good.
C) Firms divide up the market between them, agreeing not to compete in each other's part of the market.
D) Firms bidding for a contract e.g. to supply building materials for a new office development) all agree beforehand to bid high prices.
E) A firm sells the same good at a different price relative to costs) in different sectors of the market.
F) A firm is only prepared to hire out equipment and not sell it outright.
G) A firm controlling the supply of one product insists that its customers also buy a second product from it rather than from its rivals.
H) A firm sells a product below cost in order to drive competitors from the industry.
I) Firms get together to agree on a common price.