Asked by
Blxnn On Sticks
on Nov 21, 2024Verified
Which of the following is a defense to predatory pricing allegations?
A) The per se defense
B) The quick look defense
C) The merged price defense
D) The business judgment defense
E) The meeting-the-competition defense
Predatory Pricing
The practice of selling a product or service at a very low price with the intent of driving competitors out of the market or creating barriers to entry for potential new competitors.
Meeting-The-Competition Defense
A legal defense allowing a business to justify certain behaviors, such as price fixing, by proving they were necessary to meet a competitor's prices.
Per Se Defense
A legal argument that, if proven, is sufficient by itself to defend the position of the defendant without the need for further evidence.
- Recognize defenses against allegations of antitrust violations.
Verified Answer
BG
Learning Objectives
- Recognize defenses against allegations of antitrust violations.