Asked by Arvind Sethi on May 08, 2024
Verified
Ranch Supplies Company believes that its chief competitor Stock & Equipment Inc. engages in anticompetitive behavior in an attempt to drive Ranch Supplies out of the market. Under the Clayton Act, Ranch Supplies can sue Stock & Equipment for a violation of
A) none of the choices.
B) the Clayton Act only.
C) any of the federal antirust laws.
D) the Sherman Act only.
Anticompetitive Behavior
Practices by businesses that unfairly restrict competition in the marketplace, often scrutinized and regulated by antitrust laws.
Clayton Act
A U.S. antitrust law enacted to prevent anti-competitive practices and promote fair competition.
- Recognize anticompetitive behaviors and their legal consequences under various antitrust laws.
Verified Answer
VR
Vanessa RiquelmyMay 12, 2024
Final Answer :
C
Explanation :
Under the Clayton Act, a company can sue for violations of any of the federal antitrust laws, not just the Clayton Act itself. This includes the Sherman Act, which is another key piece of antitrust legislation in the United States.
Learning Objectives
- Recognize anticompetitive behaviors and their legal consequences under various antitrust laws.