PTS:1NAT:AACSB: AnalyticTOP:market power12.Which of the following is nota per se violation of the antitrust laws?
PTS:1NAT:AACSB: AnalyticTOP:per se violations13.The Noerr-Penningtondoctrine:
PTS:1NAT:AACSB: AnalyticTOP:Noerr-Pennington14.Horizontal mergers:
PTS:1NAT:AACSB: AnalyticTOP:horizontal merger15.Which of the following would notbe price fixing?a.agreements to limit productionb.agreements to limit competitive biddingc.agreements to charge the same interest on credit contractsd.All of the above are price fixing.ANS:D
PTS:1NAT:AACSB: AnalyticTOP:price fixing16.Jay Farnswood is the president of a local group of real estate agents. At their monthly luncheon meeting, Farnswood stood and told his colleagues that he simply could not survive by charging the 5 percent commission rate and noted, "I don't know what the rest of you are going to do, but I am going to charge 6 percent commission on all my listings starting today." Farnswood's statements:
PTS:1NAT:AACSB: AnalyticTOP:price fixing