Explain why the U.S. Supreme Court now applies a rule of reason standard to manufacturers who will no longer sell to retailers who offer deep discounts on the manufacturers' products
The court held that enforcing suggested retail prices was not a per se violation because there were services and consumer assistance that full-service retailers provide that are not available at deep discounters Consumers have the ability to become more informed and make the choices on service when these options are there. The court held that trials must examine the effects on competition of such practices in particular markets and not just outlaw the enforcement altogether.
You might also like to view...
Which of the following micro-image formats is widely used?
A. Aperture cards B. Film strips C. Roll film D. Microfilm
Which of the following laws have been declared invalid by the Supreme Court of Canada on the basis of an infringement of the Charter of Rights and Freedoms?
A) the provisions in the Competition Act for issuance of search warrants. B) a law banning all commercial advertising of tobacco products C) the Lord's Day Act, which prohibited most business transactions on a Sunday D) the provision in the Narcotic Control Act requiring a minimum sentence of seven years' imprisonment for importing. E) all of the above
Corporations are incapable of having the mens rea necessary to commit a crime and thus cannot
be held criminally liable. Indicate whether the statement is true or false
When individual creativity and independent thinking are lost to group cohesiveness, the condition is known as ____________________.
Fill in the blank(s) with the appropriate word(s).