Asked by Emily Maniccia on Jun 19, 2024

verifed

Verified

Before a court can determine a defendant's market share,it must first define the relevant market.One of the components of a relevant market determination is the relevant:

A) resource market.
B) supply market.
C) geographic market.
D) competitive market.

Relevant Market

The specific market segment in which a particular product or service competes, taking into consideration the product's substitute and the competition within this arena.

Geographic Market

An area or region wherein a company operates and competes for customers, often defined by political boundaries or population demographics.

  • Assess the relevance of the geographic market in defining the market for antitrust purposes.
verifed

Verified Answer

EJ
Erica JohnsonJun 24, 2024
Final Answer :
C
Explanation :
Before a court can determine a defendant's market share,it must first define the relevant market.The two components of a relevant market determination are the relevant geographic market and the relevant product market.