Author Question: Ed was an independent owner of a chain of TV stores. He successfully got customers into his store by ... (Read 166 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
Ed was an independent owner of a chain of TV stores. He successfully got customers into his store by cutting his prices on widely advertised name-brand products in order to sell other products for which he received a bigger profit. When the manufacturers of three of the name-brand products discovered Ed's actions, they agreed secretly to stop selling him their TVs. The three manufacturers
 A)are doing nothing illegal, as they did not get Ed to agree to anything.
 B)are free to agree not to deal with Ed since the public can go elsewhere and will not be hurt economically.
 C)can choose either as a group to deal or not to deal with any retailer they want.
 D)are engaged in a rule of reason violation of the antitrust laws if their action harms competition.

Question 2

The USTR has requested your advice on whether the following are legal pursuant to the GATT. Please explain each of your answers. Scenario Tax credits extended by the government of India to Indian companies in order to assist in the reduction of greenhouse gases emitted during the manufacturing process.



nicoleclaire22

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

D

Answer to Question 2

Legal. This is a subsidy to foster compliance with environmental standards.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

For a complete list of videos, visit our video library