Which of the following is NOT true regarding Section 2 of the Sherman Act?

a. Unilateral conduct may violate Section 2.
b. Section 2 allows the mere possession of monopoly power.
c. A firm violates Section 2 even if attains the monopoly power by superior performance.
d. The offense of monopolization has two elements: monopoly power and proof that the defendant willfully acquired or maintained that power through anticompetitive acts.


c

Business

You might also like to view...

Sales less variable cost of goods sold is referred to as ________________________________________

Fill in the blank(s) with correct word

Business

Answer the following statements true (T) or false (F)

1. The cost of recruiting, selecting, and training a new employee is usually more than 100% of that employee’s annual salary. 2. When examining companies, people usually research the social environment of the company the least. 3. We have to abide by all of the EEO laws currently in existence when recruiting for our organization. 4. The HR manager need only be well versed in state regulations that govern an organization’s ability to recruit. 5. Outsourcing is the only alternative to recruitment.

Business

Accepting more reservations than can be accommodated is referred to as?

a. Overbooking b. Capacity underutilization c. Differential pricing d. Disruptive pricing

Business

Federal agencies may not charge for providing records to a person requesting access to the agency's files

a. True b. False Indicate whether the statement is true or false

Business