To Prevent Its Competitors from Obtaining Sufficient Supplies to Make

question 47

Multiple Choice

To prevent its competitors from obtaining sufficient supplies to make their products, Continental Steel, Inc., uses its market power to increase the prices of those supplies. This is​

• A) ​price discrimination.
• B) ​business judgment.
• C) ​predatory bidding.
• D) ​predatory pricing.

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Definitions:

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A legal case brought against a company or companies accused of violating laws designed to promote competition and prevent monopolies.

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A federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.

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