Because of Its Brilliant Managers and Hard Working Employees, Garden

question 22

Multiple Choice

Because of its brilliant managers and hard working employees, Garden Gnomes and Glass Balls Unlimited GGGBU) manages to become the only manufacturer of glass balls and garden gnomes in the entire United States. Naturally, the lack of market participants prompts government concern. While the government regards the product market to include all garden ornaments, there is concern that GGGBU has at least attempted to monopolize the relevant market. Which of the following is NOT one of the elements the government has to prove if it wishes to be successful in its attempted monopolization claim?

• A) That there is a dangerous probability GGGBU will be successful in monopolizing the market.
• B) That GGGBU had the specific intent to monopolize.
• C) That GGGBU has engaged in predatory or anticompetitive conduct.
• D) That the intended monopolization will have negative economic effects.

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Definitions:

Process Division

The segmentation of a business or production process into distinct tasks or activities for efficiency and specialization.

Customer Order

A customer order is a request made by a customer to purchase goods or services from a business.

Customer Order Entry

The process through which customer orders are received, processed, and entered into a management system.

Retailer Allocation

The process of distributing goods from manufacturers to various retail outlets, ensuring an appropriate level of stock at different locations.