One Company Has 90% of the Market for Cola Soft

question 117

Multiple Choice

One company has 90% of the market for cola soft drinks.An antitrust action against this company is likely to be defended (by the company) by the argument that

• A)there is no substitute for cola soft drinks.
• B)the market share is not important.
• C)the relevant market is for cola soft drinks.
• D)the relevant market is not that for cola soft drinks but for all soft drinks.

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Definitions:

Relationship

A connection, association, or involvement between people, whether personal, professional, or societal.

Electoral Votes

The number of votes a state has in the U.S. Electoral College, which ultimately decides the President and Vice-President of the United States.

Majority

The greater part or more than half of a total number, often used in the context of elections, decisions, or opinion trends within a group.

Political Action Committees

Organizations that collect funds from members or donors and contribute them to campaign funds of candidates or political parties they support, often influencing political outcomes.