Discuss when monopoly power is not a violation of Section 2 of ...

[bucstennis@aim.com]

Discuss when monopoly power is not a violation of Section 2 of the Sherman Act.

Question 2

If an importer provides tools, dies, or molds to a foreign supplier free of charge to be used in the manufacturer of the imported items, the value of these assists will not be included in transaction value.
  Indicate whether the statement is true or false

[bob]

Answer to Question 1

Under Section 2 of the Sherman Act, it is illegal to monopolize or to attempt to monopolize a market. Monopoly power in itself is not a violation of Section 2 of the Sherman Act. For a Section 2 violation, the acquisition of monopoly power must have been done in a wrongful manner. To determine if a defendant has illegally monopolized, three questions must be answered: (1 ) What is the market? (2 ) Does the company control the market? And (3 ) How did the company acquire or maintain its control?

Answer to Question 2

FALSE

[bucstennis@aim.com]

YES! Correct, THANKS for helping me on my review

[parker125]

Great answer, keep it coming