Terms in this set (20)A transaction in which a corporation transfers its assets to another and then ceases to exist is generally known as what? a.) Dissolution c.) Merger For the federal government to have antitrust jurisdiction, the particular activity must be in or affect interstate commerce. True True Which of the following is not one of the major US antitrust laws? a.) Clayton Act c.) Powell Act Union activities are generally exempt from the antitrust laws. True True "Contracts, combinations, and conspiracies in restraint of trade" are a major focus of which statute? a.) The Federal Trade Commission Act b.) The Sherman Act Which of the following statutes exempts the "business of insurance" from the antitrust laws? a.) The McCarran-Ferguson Act a.) The McCarran-Ferguson Act A certain federal law prohibits unfair or deceptive practices, such as making false promises about a product, sending billing for unsolicited merchandise, using high-pressure door-to-door sales methods, and bait-and-switch techniques. What law is this? a.) Sherman Antitrust Act c.) Federal Trade Commission Act The Herfindahl-Hirschman Index is a tool used to measure the concentration of a given market. True True The antitrust laws are based on the premise that free markets are a good thing. True True PharMax, a pharmaceutical manufacturer, sells its drugs for use in hospitals at a lower wholesale price than the price given to commercial pharmacies. CPC, Inc., a commercial pharmacy chain, files suit alleging a violation of the price discrimination laws. What is the likely outcome of the suit? a.) CPC will lose because antitrust laws do not apply to hospitals. b.) CPC will win because PharMax is attempting to monopolize the not-for-profit market. c.) CPC will win because clearly there is discriminatory pricing. d.) CPC will lose because sales to not-for-profit hospitals are treated differently. d.) CPC will lose because sales to not-for-profit hospitals are treated differently. Lawful activities of labor unions, such as collective bargaining, do not fall within the scope of the antitrust laws. True True Which antitrust principle is most often used by physicians to challenge decisions about medical staff privileges? a.) Monopoly b.) Group boycott Some joint activities between hospital competitors may actually have positive effects on competition. Which of the following is least likely to be considered such an activity? a.) Mutual decisions to limit services b.) Jointly administered surveys on consumers' health status c.) Joint ventures to acquire expensive technology d.) Acquisition of a failing hospital by a strong one a.) Mutual decisions to limit services Violation of the antitrust laws can result in civil and/or criminal penalties. True True Any agreement between two people or corporations that restrains trade is a violation of the antitrust laws. True False Which of the following is most likely to be considered exempt by statute from the antitrust laws? a.) The business of healthcare b.) The business of insurance If a business transaction is not considered a per se (automatic) violation of the antitrust laws, what type of analysis will the courts apply to the situation? a.) Rule in Shelley's
Case c.) Rule of reason Which of the following is not a per se (automatic) violation of the antitrust laws? a.) Monopolization a.) Monopolization The board members of XYZ Corporation discuss among themselves how to increase the market share for XYZ Widgets®. Eventually, their widgets beat out the competition and became the only brand of this type of product remaining on the market. What is the most likely analysis of the situation from the standpoint of antitrust law? a.) Because the company has in fact created a monopoly, it has violated the antitrust laws. b.) The board members are guilty of an attempt to monopolize. c.) The mere fact that these widgets have cornered the market does not prove a violation. d.) The board members' discussions amount to a conspiracy to restrain trade. c.) The mere fact that these widgets have cornered the market does not prove a violation. Ocwen, Inc., makes a doodad that competes directly with XYZ Corporation's gizmo. Both companies are beating themselves up trying to outdo the other. Over lunch, the two CEOs come to terms: Ocwen will sell its doodads west of the Mississippi; XYZ will sell its gizmos only in the East. What antitrust violation have the CEOs committed? a.) Division of markets a.) Division of markets Students also viewedHADM 4332125 terms ayssahernandez1 LEGL 4332 Final Chapters 9-15 ( UHCL, Summer 2019)128 terms Natalie_Snell5 Week 12 Quiz15 terms sunshine3300 Week 14 Quiz16 terms sunshine3300 Sets found in the same folderHADM LEGL Quiz 815 terms sabrina_bhayani HADM LEGL - Chapter 10 Quiz16 terms sabrina_bhayani HADM LEGL - Chapter 11 Quiz23 terms sabrina_bhayani HADM LEGL - Chapter 12 Quiz16 terms sabrina_bhayani Other sets by this creatorSample Test15 terms sabrina_bhayani Lecture 8 (Without Promotions Mix)115 terms sabrina_bhayani Lecture 12 | Managing Digital Communications66 terms sabrina_bhayani Lecture 8 | Promotions Mix25 terms sabrina_bhayani Verified questions
finance The financial statements of The Hershey Company are presented in Appendix B, following the financial statements for Tootsie Roll in Appendix A. ***Instructions*** (a) Identify two accounts on Hershey’s balance sheet that provide evidence that Hershey uses accrual accounting. In each case, identify the income statement account that would be affected by the adjustment process. (b) Identify two accounts on Tootsie Roll’s balance sheet that provide evidence that Tootsie Roll uses accrual accounting (different from the two you listed for Hershey). In each case, identify the income statement account that would be affected by the adjustment process. Verified answer
question Attend a city council or county board meeting in your area. Write a one-page article describing what took place. What decisions were made that might affect you and your community? Be sure to include residents’ comments. Verified answer
algebra *Refer to functions $f$ and $g$ that satisfy $f^\prime(2)=3$ and $g^\prime(2)=-1$. In each problem, find $h^\prime(2)$ for the indicated function $h$.* $$ h(x)=-4f(x)+5g(x)-9 $$ Verified answer
question A confidence interval for the price of gasoline from a random sample of 30 gas stations in a region provides the following statistics: $$ \bar{y}=\$ 4.49 \quad s=\$ 0.29 $$ a) What is the $95 \%$ confidence interval for the mean price of regular gasoline in that region? Verified answer Recommended textbook solutions American Government1st EditionGlen Krutz 412 solutions Human Resource Management15th EditionJohn David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine 249 solutions
Information Technology Project Management: Providing Measurable Organizational Value5th EditionJack T. Marchewka 346 solutions
Social Psychology10th EditionElliot Aronson, Robin M. Akert, Samuel R. Sommers, Timothy D. Wilson 525 solutions Other Quizlet setsEcon test 213 terms Layne_FrearsonPlus Bio Lab Spring Final36 terms wncoffman McKibben Ch. 628 terms mary_a_brand Which of the following is a violation of the antitrust laws?Violations of the Sherman Antitrust Act include practices such as fixing prices, rigging contract bids, and allocating consumers between businesses that should be competing for them.
Which of the following is a violation of antitrust law quizlet?Business practices and behaviors which violate antitrust laws include collusion, price fixing, market allocation, bid rigging, restricting market entry, exclusive dealing, and predatory pricing.
What are the 4 important antitrust laws?The three major Federal antitrust laws are: The Sherman Antitrust Act. The Clayton Act. The Federal Trade Commission Act.
Which of the following is not one of the major US antitrust laws quizlet?Which of the following is not one of the major US antitrust laws? Union activities are generally exempt from the antitrust laws.
|
Which of the following is not a per se violation of the antitrust laws
Related Posts
Copyright © 2024 ShotOnMac Inc.
