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156. In 1998, F. Hoffman-LaRoche Ltd. and BASF AG, two international pharmaceutical companies, were ordered to pay $725 million in fines for plotting to raise and fix prices of vitamins used in virtually every home in the U.S. This is an example of how __________ forces affect the marketing environment. A. economicB. ecologicalC. technologicalD. socialE. regulatory157. A car collector, Mr. F. Hansen, who said his 1975 Chevrolet Corvette was certified as the last Corvette convertible to be produced, sued General Motors to stop it from manufacturing any more of the convertible sports cars. The suit also requested $1.5 million in damages. Hansen claimed he bought the car for its collector's value. It came with a letter from GM dated August 25, 1975, that said the car was "the last Corvette convertible that General Motors Corp. would ever manufacture." Hansen said the value of his car has been decreasing ever since GM resumed manufacturing Corvette convertibles in 1985. If the court ruled in favor of Mr. Hansen, what general type of regulation would such a ruling represent? 158. The first major federal legislation passed to encourage competition in the United States was the
Chapter 03 - Scanning the Marketing Environment159. The first major federal legislation passed to prevent contracts, combinations, or conspiracies in restraint of trade in the United States was the 160. The first major federal legislation passed to prevent actual monopolies or attempts to monopolize any part of trade or commerce in the United States was the A. Hart-Scott-Rodino Act.B. b. Miller-Tydings Act.C. c. Celler-Kefauver Antimerger Act.D. d. Sherman Antitrust Act.E. e. Clayton Act.161. Which of the following laws has the purpose of encouraging competition?