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4 Cards in this Set
- Front
- Back
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ROBINSON-PATMAN ACT
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-to prevent unilateral price determination which has the resultant effect of lessening competition or tending to create a monopoly
-all you need is to maintain sufficient legal action to allege that due to pricing activities there is a reasonable possibility competition may be adversely affected -does not have to show injury |
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ANTITRUST LAW
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-preserve free, competitive markets
-promotes fairness and gives consumer choice |
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COVENANTS TO COMPETE
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seller of agrees not to compete
in a reasonable area within a reasonable amount of time |
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EXCEPTIONS TO ANTI TRUST LAWS
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labor unions, patents-20yr monopoly, design patents-14 yr monopoly
copyrights-author's life plus 70 yrs |
