The University of Dover and Dover University are bitter cross-town rivals. They compete in everything from sports to academics. Because of shrinking enrollment, the schools make an agreement to give all incoming students free tuition for one semester before raising the existing rates the following semester. This action would be considered
A. a horizontal restraint, in violation of the Sherman Act.
B. price fixing, in violation of the Robinson-Patman Act.
C. a tying agreement, in violation of the Clayton Act.
D. a vertical restraint, in violation of the Sherman Act.
Answer: A
You might also like to view...
Employers struggling to help employees meet elder care needs may want to consider banding together, similar to the model set by the Partnership for Elder Care, which is a cooperative arrangement referred to as a
A. consortium. B. limited partnership. C. combined subsidiary. D. hostel.
A limited liability partnership must be formed in compliance with state statutes.?
Indicate whether the statement is true or false
Based on Roger’s theory of diffusion of innovations four adoption categories can be distinguished. Which category will be largest in low uncertainty avoidance cultures?
a. innovators/early adopters b. early majority c. late majority d. laggards
Which Act was passed by Congress on July 30, 2002 and signed by the president for the protection of whistleblowers??
A) ?Sarbanes-Oxley Act B) ?National Labor Relation Board C) ?Occupational Safety and Health Act D) ?Wage Act