The Substance of Many Countries' Antitrust Law Is Very Similar

question 64

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:

Durable Goods

Goods not for immediate consumption and able to be kept for an extended period, such as appliances, cars, and furniture.

Hotel Stay

A period of time in which an individual rents a room or suite in a hotel for temporary accommodation.

Personal Selling

A sales method involving direct face-to-face interaction between a salesperson and a prospective buyer to persuade the buyer to make a purchase.

Coffeemaker

A kitchen appliance used for brewing coffee by automatically heating water and directing it over ground coffee beans.