Author Question: The two federal agencies charged with enforcing consumer laws are the Federal Trade Commission and ... (Read 82 times)

Melani1276 · **on:** Jun 24, 2018

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?

Shshxj · **Reply #1 on:** Jun 24, 2018

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.