According to the Rule of Reason Doctrine,which of the Following

question 55

Multiple Choice

According to the rule of reason doctrine,which of the following companies could be found guilty of violating antitrust laws?

• A)General Motors, which colludes with Ford to fix the price of its cars
• B)Coke, which colludes with Pepsi to limit the quantity of soft drinks in the market
• C)Intel, which dominates the market for computer processors with a 95 percent market share
• D)Reynolds American, Inc., which enters into an agreement with Lorillard, Inc. to limit the introduction of new cigarette brands
• E)McDonalds, which agrees to increase its prices by 10 percent

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Definitions:

Tort

A civil wrong or injury, other than breach of contract, for which the court will provide a remedy in the form of an action for damages.

Breach

The violation or non-fulfillment of a contractual obligation, duty, or agreement.

Contract

A legally enforceable promise or set of promises.

Nuisance

That which endangers life or health, gives offense to the senses, violates the laws of decency, or obstructs the reasonable and comfortable use of property.