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MGMT 520 Legal, Political and Ethical Dimensions of Business Week 6- Discussion 1_Answer – Price Fixing and Antitrust

MGMT 520 Legal, Political and Ethical Dimensions of Business Week 6- Discussion 1_Answer – Price Fixing and Antitrust

MGMT 520 Legal, Political and Ethical Dimensions of Business Week 6- Discussion 1_Answer – Price Fixing and Antitrust

MGMT 520 Legal, Political and Ethical Dimensions of Business Week 6- Discussion 1_Answer – Price Fixing and Antitrust

MGMT 520 Legal, Political and Ethical Dimensions of Business Week 6- Discussion 1_Answer – Price Fixing and Antitrust

Price Fixing and Antitrust: Look at problem 16-8 found on page 561 of your e-book. We will begin our discussion this week by working through this “bread” problem to help us understand “per se” violations and how they affect how antitrust suits are brought and proven. To get started, let’s answer the following questions about problem 8:
Was Continental’s conduct illegal under the Sherman Act? Why or why not?
Is predatory pricing a per se violation? (Support your answer).
Look at the William Inglis & Sons case synopsis in Ch. 16, Problem 8. Does ITT Continental’s conduct of pricing its bread differently in various markets violate the Sherman Act? Is predatory pricing a per se violation? How can a business or mom and pop shop know all of the rules to protect themselves from violating these laws and to know when they are the victims of such violation?

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