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Author Question: States are primarily responsible for the enforcement of the Safe Drinking Water Act. Indicate ... (Read 130 times)

Haya94

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on: Jun 24, 2018
States are primarily responsible for the enforcement of the Safe Drinking Water Act.
  Indicate whether the statement is true or false

Question 2

324 Liquor Corporation is a retail liquor and wine dealer. In New York, the wholesalers establish the prices for retail sales and the State Liquor Authority enforces those prices. 324 was cited for violations when it sold a State Liquor Authority investigator a bottle of Chatham Gin for 9.45 (the price was to be 9.65 ) and a bottle of Smirnoff for 11.59 (the price was to be 11.89). At the hearing, 324 contends that the statutory scheme for regulating prices violates the antitrust laws. Is 324 correct?


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owenfalvey

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

A state can regulate prices, but it is the state and not the wholesalers who must regulate those prices. The setup in New York affords too much control to the businesses and will not be exempt from the antitrust laws with such a form of setting prices.


Haya94

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Reply #2 on: Jun 24, 2018
Correct answers!


owenfalvey

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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