Author Question: Violations of antitrust law are either per se violations or rule of reason violations. What are the ... (Read 62 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
Violations of antitrust law are either per se violations or rule of reason violations. What are the differences between these two types of violations? Give examples of each.

Question 2

Where the transaction value of merchandise cannot be determined, the U.S. Bureau of Customs and Border Protection will look to the dutiable value of identical merchandise imported under similar circumstances.
  Indicate whether the statement is true or false



kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

A per se violation is a violation that is automatically illegal. It is irrelevant what the effect of the given conduct is on competition; the conduct, in and of itself, is illegal. Defendants are subject to both criminal and civil penalties. The Justice Department has sought criminal sanctions against per se violators. Examples would include price fixing, bid-rigging, or an agreement by competitors to divide their market among themselves.


A rule of reason violation will be illegal only if it results in harm to competition. Such violations are viewed on a case-by-case basis. Examples of rule of reason situations would include refusal to deal arrangements and reciprocal dealing agreements.

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

For a complete list of videos, visit our video library