The Basic Legal Principle That the News Media Are Subject

question 8

Multiple Choice

The basic legal principle that the news media are subject to the same antitrust laws as other businesses was established by the Supreme Court in:

• A)Sherman v.Clayton.
• B)Times Mirror v.U.S. .
• C)Times-Picayune v.U.S. .
• D)New York Times v.U.S. .
• E)Associated Press v.U.S.

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Definitions:

Period Costs

Expenses that are not tied directly to the production process and are expensed in the period they are incurred, such as selling, general, and administrative expenses.