Author Question: The EU's antitrust chief in November 2008 fined car glass producers Asahi, Pilkington, Saint-Gobain ... (Read 26 times)

jwb375 · **on:** Jun 29, 2018

The EU's antitrust chief in November 2008 fined car glass producers Asahi, Pilkington, Saint-Gobain and Soliver more than 1.3 billion euros (1.66 billion) for price-fixing, the largest sum ever levied by the EU for a cartel.

Price fixing is a violation of ________. A) price fixing legislation
B) antitrust law
C) Federal Trade Commission
D) Division of the U.S. Department of Justice

Question 2

Rent seeking is best defined as attempts

A) by landlords to get tenants.
B) to achieve monopoly power and the resulting economic profit.
C) by individuals to avoid paying taxes.
D) by owners of a monopoly to sell the firm.