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Question
Filene's Basement filed for bankruptcy in May 2009. In November 2009, Filene's Basement started its "going-out-of-business" sales. Are such price discriminations legal?
A. No, such discounts are per se illegal under Section 7 of the Clayton Act.
B. Yes, such discounts are legal because Filene's Basement can legally set resale prices.
C. Yes, such discounts are legal under the statutory defense of changing conditions.
D. No, such discounts are illegal considering they are provided only for a limited time.
Answer
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