Final- Sherman, Clayton, Robinson Patman

Question 1

This act facilitates between home brand and chain brand products

Answer 1

Robinson Patman

Question 2

The failing company doctrine is one of the defenses to section 7.

Answer 2

Clayton

Question 3

This act is a preventative measure with anticompetitive effects

Answer 3

Clayton

Question 4

This act is prosecuted by the department of justice only.

Answer 4

Sherman

Question 5

This act section 3 is leasing and selling of commodities.

Answer 5

Clayton

Question 6

This act section 2A has defenses of cost justification, changing condition, and competition.

Answer 6

Robinson Patman

Question 7

This act is prosecuted by both department of justice and the federal trade commission.

Answer 7

Clayton

Question 8

This act has both private plaintiffs who can sue for triple damages and injunctive relief.

Answer 8

Clayton

Question 9

This act outlaw’s primary, secondary, and tertiary level price discrimination.

Answer 9

Robinson Patman

Question 10

This section 1 is a join action restrain of trade.

Answer 10

Sherman

Question 11

This act section 8 cannot be on 2 different board of directors of competing companies.

Answer 11

Clayton

Question 12

This act section 2B has both offensive and defensive competition.

Answer 12

Robinson Patman

Question 13

This act section 2 dels with monopolization.

Answer 13

Sherman

Question 14

The small company doctrine is one of the defenses to section 7

Answer 14

Clayton

Question 15

This act has civil penalties only

Answer 15

Robinson Patman or Clayton

Question 16

This act violator can plead no contest.

Answer 16

Sherman

Question 17

This act says join efforts by competitors are permitted.

Answer 17

Sherman

Question 18

This act section 3 prohibits exclusionary practices.

Answer 18

Clayton

Question 19

This act section 7 defines market concentration.

Answer 19

Clayton

Question 20

This act of 1936 preserves section 2 of the Clayton Act.

Answer 20

Robinson Patman.

Question 21

This act has both vertical and horizontal mergers.

Answer 21

Clayton (anytime you see ‘merger’ it’s section 7 of Clayton

Question 22

This act has both vertical and horizontal boycotts.

Answer 22

Sherman

Question 23

This act section 7 deals with market externality and product externality mergers.

Answer 23

Clayton

Question 24

This act permits individual prosecution and $350,000 of fines and 3 years in jail.

Answer 24

Sherman (anytime you see criminal penalties it’s Sherman)

Question 25

This act section 8 deals with interlocking directive set yearly by the federal trade commission.

Answer 25

Clayton

Question 26

This act section 2A deals with price discrimination in regard to selling commodities.

Answer 26

Robinson Patman

Question 27

This act section 2 deals with predatory pricing.

Answer 27

Clayton

Question 28

This act section 1 deals with vertically integrated firms.

Answer 28

Sherman

Question 29

This act strengthens anti-trust law which are illegal but not criminal.

Answer 29

Clayton

Question 30

This act section 2 has a functional interchangeability test.

Answer 30

Sherman

Question 31

This act is not well liked by Bill Gates.

Answer 31

Sherman

Question 32

This act triggers the Hard Scott Rodino Act after mergers purposed.

Answer 32

Clayton

Question 33

This act deals with per se violations and rule of reason analysis.

Answer 33

Sherman

Question 34

This act deals with interrelate indirect price discrimination.

Answer 34

Robinson Patman

Question 35

This act permits diversitude, divorce, dissolution, and consent decrees.

Answer 35

Sherman

Question 36

This act section 2 has a market share test which is a relevant product market and geographic market.

Answer 36

Sherman

Question 37

This act section 2 is not predatory pricing gibing market realities in the size of the market.

Answer 37

Clayton

Question 38

This act section 7 has 3 types: Market Ext analogy, product Ext analogy, and diversification.

Answer 38

Clayton

Question 39

This act section 2 is trying to keep Wal Mart at bay from eliminating competition.

Answer 39

Sherman

Question 40

I bough great value ketchup instead of Heinz, it's cheaper. (Home brand and chain brand)

Answer 40

Robinson Patman

Question 41

This act is from 1936

Answer 41

Robinson Patman

Question 42

This act is from 1914

Answer 42

Clayton

Question 43

This act is from 1890

Answer 43

Sherman

Question 44

This act follows Chicago board of trade vs. United States to establish a rule of reason analysis.

Answer 44

Sherman

Question 45

This act has trying agreements involving commodities

Answer 45

Clayton

Question 46

This act has horizontal market division

Answer 46

Sherman

Question 47

This 1976 pre-merger notification requires companies notify the department of justice for federal trade commission of a merger.

Answer 47

Clayton

Question 48

This act says that plaintiff who has not suffered an injury because of a price cannon recover.

Answer 48

Robinson Patman

Question 49

This act has territorial or customer restrictions in resale of price maintenance agreements

Answer 49

Clayton

Question 50

This act says you can use to meet competition either defensively or offensivley.

Answer 50

Robinson Patman

Question 51

His brother was a famous Civil War general.

Answer 51

Sherman

Question 52

This act section 27 is known as the Curt Flood Act

Answer 52

Clayton

Question 53

This act deals with tertiary level price discrimination

Answer 53

Robinson Patman

Question 54

This act deals with secondary level price discrimination

Answer 54

Robinson Patman

Question 55

This act deals with primary level price discrimination

Answer 55

Robinson Patman

Question 56

Robinson Patman act strengthen section 2 of this act

Answer 56

Clayton

Question 57

This first act of anti-trust legislation

Answer 57

Sherman anti-trust act of 1890

Question 58

This act has per se violation

Answer 58

Sherman

Question 59

This act deals with trying agreements in regard to services not commodities

Answer 59

Sherman, if it's a commodity then it's Clayton

Question 60

Robinson Patman act did not strengthen section 2 of this act

Answer 60

Sherman