Visa and MasterCard Have Recently Been Accused of Violating Antitrust

question 258

Multiple Choice

Visa and MasterCard have recently been accused of violating antitrust laws by placing restrictions on the prices these independent ATM operators can charge customers using other networks such as STAR or TransFund.Legislation that prohibits price-fixing is an example of how __________ forces affect the marketing environment.

• A)economic
• B)ecological
• C)technological
• D)regulatory
• E)social

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Definitions:

American Cities

Urban areas within the United States, governed by local administrations and holding significant cultural, economic, and political importance.

Midwestern American Cities

Urban areas located in the Midwestern region of the United States, known for their diverse industries, cultural heritage, and historical significance.

Genus

In biology, a way to group together species that are closely related, showing the common attributes shared by the species within it.

Species

The fundamental element of biological categorization, identified as a collection of living entities made up of similar individuals who can exchange genes or mate with each other.