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Author Question: The chain of Mega Hardware stores agreed with Lock Tight Manufacturing not to carry any brand of ... (Read 118 times)

kodithompson

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on: Jun 24, 2018
The chain of Mega Hardware stores agreed with Lock Tight Manufacturing not to carry any brand of locks and door handles other than those manufactured by Lock Tight. Mighty Lock threatened to sue for antitrust violations. On what basis and under what statute(s) would Mighty Lock sue?

Question 2

Textile imports are classified according to the fibers that constitute the chief weight of the article.
  Indicate whether the statement is true or false


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wfdfwc23

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

Mighty Lock would sue Mega Hardware for violation of antitrust laws because of Mega Hardware and Lock Tight's use of an exclusive dealing contract. Under Section 1 of the Sherman Act and Section 3 of the Clayton Act, exclusive dealing contracts are subject to a rule of reason and are illegal only if they have an anticompetitive effect.

Answer to Question 2

TRUE


kodithompson

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

nathang24

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Reply 3 on: Yesterday
Wow, this really help

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