What Must Be Proven Against Benny in Order to Establish

question 64

Multiple Choice

What must be proven against Benny in order to establish that he violated antitrust laws through conduct involving monopolization?

• A) Only that he had market power.
• B) That he (1) possessed market power and (2) unfairly achieved the market power.
• C) The he (1) possessed market power and (2) used the market power unfairly.
• D) That he (1) possessed market power, (2) that he unfairly achieved the market power, and (3) that he used the market power for abuse.
• E) That he (1) possessed market power, and (2) unfairly achieved the market power or used the market power for abuse.

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Definitions:

Grade A

A classification denoting the highest quality or excellence in a certain category.

Grade B

Refers to a quality or classification of a product, often seen in agricultural products, suggesting it meets specified standards but is below the highest quality.

Nonconformity

A failure to meet agreed standards or specifications, deviating from a norm or standard.

Letter of Credit

A financial instrument issued by a bank guaranteeing a buyer's payment to a seller, subject to certain conditions.