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Author Question: The following is a list of various anti-competitive practices:(i)Tie-in sales(ii)Collusive ... (Read 31 times)

OSWALD

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The following is a list of various anti-competitive practices:
(i)Tie-in sales
(ii)Collusive tendering
(iii)Selective distribution
(iv)Price rings
(v)Price discrimination
(vi)Rental-only contracts
(vii)Market sharing agreements.
(viii)Vertical price squeezing
(ix)Predatory pricing
Match the above practices to the following definitions.
a)Where a firm is only prepared to supply certain selected retail outlets. ________
b)Where a vertically integrated firm, which controls the supply of an input, charges competitors a
high price for that input so that they cannot compete with it in selling the finished good. ________
c)Where firms divide up the market between them, agreeing not to compete in each other's part of
the market. ________
d)Where firms bidding for a contract (e.g. to supply building materials for a new office
development) agree beforehand all to bid high prices. ________
e)Where a firm sells the same good at a different price (relative to costs) in different sectors of the
market. ________
f)Where a firm is only prepared to hire out equipment and not sell it outright. ________
g)Where a firm controlling the supply of one product insists that its customers also buy a second
product from it rather than from its rivals. ________
h)Selling a product below cost in order to drive competitors from the industry. ________
i)Where firms get together to agree on a common price. ________


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Marked as best answer by OSWALD on May 25, 2020

mjbamaung

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OSWALD

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Reply 2 on: May 25, 2020
Excellent


AmberC1996

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Reply 3 on: Yesterday
:D TYSM

 

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