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Author Question: The two federal agencies charged with enforcing consumer laws are the Federal Trade Commission and ... (Read 193 times)

Melani1276

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The two federal agencies charged with enforcing consumer laws are the Federal Trade Commission and the Federal Communications Commission.
  Indicate whether the statement is true or false

Question 2

Violations of antitrust law are either per se violations or rule of reason violations. What are the differences between these two types of violations?



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Shshxj

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Answer to Question 1

FALSE

Answer to Question 2

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.


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.




Melani1276

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


Zebsrer

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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