Question

1. Wind Turbines, Inc., has the power to control the market for its product. Antitrust law...

1. Wind Turbines, Inc., has the power to control the market for its product. Antitrust law regulates

a. how Alpha acquired its power and what it does with it.
b. neither how Alpha acquired its power nor what it does with it.
c. only how Alpha acquired its power.
d. only what Alpha does with its power.

2. Futuro Products, Inc., has exclusive control over the market for its product. Futuro's market power is subject to evaluation under

the Clayton Act.
the Federal Trade Commission Act
the Interstate Commerce Act
the Sherman Act.

Homework Answers

Answer #1

Solution:

Question 1]

A] how Alpha acquired its power and what it does with it

Wind Turbines, Inc., has the power to control the market for its product. Antitrust law regulates how Alpha acquired its power and what it does with it

.

Question 2]

D] the Sherman Act.

Futuro Products, Inc., has exclusive control over the market for its product. Futuro's market power is subject to evaluation under the Sherman Act.

Under the Sherman Act, this is a violation if it acquired this power through "anticompetitive means."

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