Which of the Following Was the Result in PepsiCo Inc

question 14

Multiple Choice

Which of the following was the result in PepsiCo Inc.,v.The Coca-Cola Co.,the case in the text in which PepsiCo challenged Coca-Cola's loyalty policy by which independent food distributors (IFDs) agreed to not handle soft drink products of PepsiCo?

• A) That the practice violated antitrust laws because it constituted an attempted monopolization.
• B) That the practice violated antitrust laws because it constituted a monopolization.
• C) That PepsiCo failed to provide evidentiary support for the restrictions it urged in regard to the relevant product market and that it failed to establish an antitrust claim.
• D) That while PepsiCo provided sufficient evidentiary support for the restrictions it urged in regard to the relevant product market, it failed to show that a sufficient number of customers in that market preferred IFDs over other methods of distribution.
• E) That because PepsiCo had itself engaged in anticompetitive conduct, it was estopped from asserting claims against Coca-Cola.

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Definitions:

Monetarists

Economists who emphasize the role of governments in controlling the amount of money in circulation as a primary method for stabilizing the economy.

Keynes

Refers to John Maynard Keynes, an economist whose ideas fundamentally changed the theory and practice of macroeconomics and economic policies.

Aggregate Demand

A sum of needs for every good and service across an economy, measured at a particular aggregate price level within a set time period.

Consumer Spending

The sum of expenditures made by all households in an economy on various goods and services.