The Substance of Many Countries' Antitrust Law Is Very Similar

question 40

Multiple Choice

The substance of many countries' antitrust law is very similar in focusing on two types of activity. The two types of activities are:

• A) prohibitions against price cutting and resale price agreements.
• B) prohibitions against agreements attempting to restrict competition and the abuse of a dominant market position.
• C) prohibitions against economizing to achieve greater market share and lack of marginal return.
• D) both A and B.

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Definitions:

Type II Error

The error made by failing to reject a false null hypothesis, also known as a false negative.

Increasing

A term indicating that something is growing or becoming larger in size, number, value, or quality.

Type I Error

The incorrect rejection of a true null hypothesis, also known as a "false positive".

True Null Hypothesis

The hypothesis that there is no effect or no difference, and it truly reflects the reality in the population sampled.