Asked by Blossom Child on May 16, 2024
Verified
Components Inc., a maker of vehicle parts, refuses to sell to DIY Repair Inc., a national vehicle service firm. The maker convinces Engine Parts Company, a competitor, to do the same. This is
A) a group boycott.
B) a tying arrangement.
C) a trade association.
D) a market division.
Group Boycott
An agreement by two or more sellers to refuse to deal with a particular person or firm.
Engine Parts Company
A company specializing in the manufacture, distribution, or sale of components used in the construction or repair of engines.
- Comprehend the fundamental concepts of antitrust legislation and its implementation in business strategies.
- Identify actions that are compliant and non-compliant with the provisions of the Sherman Act, the Clayton Act, and other antitrust policies.
Verified Answer
WH
william hansenMay 19, 2024
Final Answer :
A
Explanation :
This scenario describes a group boycott, where two or more businesses conspire to prevent another business from obtaining goods or services, in this case, vehicle parts.
Learning Objectives
- Comprehend the fundamental concepts of antitrust legislation and its implementation in business strategies.
- Identify actions that are compliant and non-compliant with the provisions of the Sherman Act, the Clayton Act, and other antitrust policies.