BUS 260 Study Guide - Midterm Guide: Parker Pen Company, Consumer Protection, Chief Executive Officer
28 Feb 2014
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Prices reflect demand and cost for the most productive use of. Opposite of the american dream creating friction. Illegally enter into a contract in restraint trade a) pursuing their trade, business, profession. Plea of guilty or a conviction are prima facie cases for (4) treble damages. Prima facie (a) evidence enough for civil case. Law- treble damages by: a) b) c) residents. State attorney general- layer that represents all state. Rule of reason illegal (1911): not every contract in restraint of trade is. Only prevents those that are an unreasonable restraint of. Illegal per se, whether prices are fair and reasonable or not. Includes dividing up market territories or limiting the supply; Why is price fixing illegal per se? a) tomorrow. What is beneficial today might not be beneficial. Federal trade commission may enforce as well as the justice. Anti-trust laws do not apply to labor unions. Where effect might substantially lessen competition or tend.
