bl final
Terms
undefined, object
copy deck
- a theory of anitrust law that believes antitrust enforcement should focus on providing efficiency and shouldn't be concerned w/size of market
- chicago school
- distributor or retailer agrees w/a supplier not to carry the products of any other supplier
- exclusive dealing agreement...possible violation of sherman act
- a _______or merger is an agreement btwn two potention competitors
- horizontal agreement
- A company acquires or maintains a monopoly through the commission of unacceptably aggressive acts. A violation of §2 of the Sherman Act.
- monopolization
- An automatic breach. Courts will generally not consider mitigating factors.
- per se violation of an antitrust law
- A violation of §2 of the Sherman Act in which a company lowers its prices below cost to drive competitors out of business
- predatory pricing
- An agreement under which Company A will purchase from Company B only if Company B also buys from Company A. These agreements are rule of reason violations of the Sherman Act.
- recipricol deal agreement
- An agreement among competitors that they will not trade with a particular supplier or buyer. Such an agreement is a rule of reason violation of the Sherman Act
- refusal to deal
- A per se violation of the Sherman Act in which a manufacturer enters into an agreement with retailers about the prices they will charge.
- resale price maintenance
- An action that breaches the antitrust laws only if it has an anticompetitive impact.
- rule of reason violation
- violation of the Sherman and Clayton Acts in which a seller requires that two distinct products be purchased together. The seller uses its significant power in the market for the tying product to shut out a substantial part of the market for the tied pro
- tying arrangement
- An agreement or merger between two companies at different stages of the production process, such as when a company acquires one of its suppliers or distributors
- vertical agreement
- A small computer file that identifies the user of a computer. Internet sites typically place cookies on a computer's hard drive to track visitors to their site.
- cookie
- Gaining unauthorized access to a computer system.
- hacking
- A seller at auction either bids on his own goods or agrees to cross-bid with a group of other sellers.
- shilling
- Unsolicited commercial or bulk e-mail.
- spam
- Under federal law, the holder of a copyright owns a particular expression of an idea, but not the idea itself. This ownership right applies to creative activities such as literature, music, drama, and software.
- copyrite
- The right to the exclusive use of an invention for 20 years.
- patent
- A formula, device, process, method, or compilation of information that, when used in business, gives the owner an advantage over competitors who do not know it.
- trade secret
- Any combination of words and symbols that a business uses to identify its products or services and that federal law will protect.
- trademark
- An agreement entered into by a wrongdoer and an administrative agency (such as the Securities and Exchange Commission or the Federal Trade Commission) in which the wrongdoer agrees not to violate the law in the future.
- consent order