ADM 2320 Lecture Notes - Lecture 7: Predatory Pricing, Clayton Antitrust Act, Sherman Antitrust Act
9 May 2016
School
Department
Course
Professor
Document Summary
2 identical products sold to customers at different prices is called price discrimination. The manufacturer can"t enter an exclusive deal with a particular customer. When the sale of one product is tied to the sale of another product. The sale of the browser cannot be tied to the sale of the operating system. It doesnt allow other companies to come into the picture it hurts competitionthere is no possibility of another railroad company to come in picture. Legal environment in canada: apscrt (1889) cia (1960) . competition act (1986, major events: Price discrimination and predatory pricing (1935), sections 34a and 34c; Predatory pricing - setting price so low that they prevent the competitors (to kill competition) Retail price maintenance prohibited (1951), section 38; You better not lower the price of the product. forcing retailers to sell a product at a certain price. Discriminatory promotional allowances and services prohibited (1960), section 35; Three member restrictive trade practices commission setup (1960)
