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Question
A price-fixing agreement that is reasonable does not violate antitrust law.Answer
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Vague generalities and obvious exaggerations constitute deceptive advertising.
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An act must substantially affect interstate commerce to violate antitrust law.
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Antitrust legislation was created because of the belief that competition leads to lower prices.
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To drive its competitors out of a certain geographic segment of its market, Fryin" Potatoes, Inc., sets the prices of its products below cost for the buyers in that area. This is
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A unilateral refusal to deal can violate antitrust laws if the refusal
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An antitrust action is brought against Tri-State Transport Company, alleging the offense of attempted monopolization. To be guilty of this offense, Tri-State's attempt must have
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d. a distinct improbability of success.