True or false. No explanation needed 1. The basic purpose of antitrust law is to restrict competition. ________2....

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General Management

True or false. No explanation needed
1. The basic purpose of antitrust law is to restrictcompetition.

2. Mergers between firms that compete in the same marketare vertical mergers.
3. Resale price maintenance agreements are not always illegal, butrather subject to analysis under the rule of reason.

4. A contract under which a seller forbids a buyer topurchase products from the seller’s competitors is a tyingarrangement.

5. A horizontal restraint of trade results from anagreement between firms at different levels in the manufacturingand distribution process.

6. Manufacturers are not required to register a pesticidewith the EPA unless it has been ruled to pose an unreasonablerisk.

_7. Any discharge into navigable water from a point sourceis illegal without a state or EPA permit.

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1 False Because antitrust laws are mainly enacted to promote competition and not to discourage it because more the competition more is the consumer welfare and less the competition less is the customer welfare because organizations become too huge to be challenged and establish a monopoly where the consumer is put at the receiving end 2 False Mergers or consolidation between firms that See Answer

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