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LilyGal LilyGal
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4 years ago

Question 1.

Which of the following antitrust laws forbade firms to engage in price discrimination if the effect would lessen competition or create a monopoly?



▸

the Clayton Act



▸

the Cellar-Kefauver Act



▸

the Sherman Act



▸

the Robinson-Patman Act



Question 2.

Clarissa Kessler operates a store that sells toys. Her business suffered tremendously when a giant discount store chain opened a store in the area and is able to sell its products for less than Clarissa's wholesale cost. Is this evidence of illegal price discrimination on the part of the discount store chain?



▸

No, because it can be argued that the discount store chain is justified in charging lower prices because it is a large-volume buyer and is able to purchase toys at a lower wholesale price than Clarissa.



▸

Yes, the discount store chain is engaging in predatory pricing.



▸

Yes, it is clearly a violation of the Robinson-Patman Act.



▸

No, even if the price discrimination is based on differences in cost, the law states that it is not illegal.

Textbook 
InMicro

InMicro


Edition: 1st
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amw87470amw87470
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LilyGal Author
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#2
4 years ago
Appreciate the effort, thank you!
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#3
3 years ago
thank you
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#4
3 years ago
Thank you
wrote...
#5
3 years ago Edited: 3 years ago, Samantha Wood-Greer
 .
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#6
3 years ago
Thank you!!
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#7
3 years ago
.
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#8
3 years ago
thanks
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