Which of the Following Actions Taken by a Company with Monopoly

question 62

Multiple Choice

Which of the following actions taken by a company with monopoly power would not give rise to a cause of action for monopolization or attempt to monopolize?

• A) getting a patent on a new invention
• B) creating excess capacity for the production of a certain product
• C) charging a price that is below its cost to drive a competitor out of business
• D) buying the entire market of a raw material to prevent competitors from acquiring any

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Definitions:

Referral Approach

An approach that uses a third person’s name as a reference to approach the buyer.

Mutual Acquaintance

Someone known by both parties in a conversation or negotiation, sometimes leveraged to build trust or establish rapport.

Core Principles

Fundamental beliefs or values that serve as the foundation for the systems, practices, and objectives of an organization or individual.