Questionable business practices according to antitrust agenc

Questionable business practices according to antitrust agencies Complete the following table by indicating whether each of the scenarios describes the concept of tying, resale price maintenance, or predatory pricing. True or False: The only reason for Televix to require retailers to sell televisions at a certain price is to reduce competition and extend its market power to the retail market. Therefore, this practice is always economically inefficient. True False

Solution

Q1- tying

Q2- predatory pricing, as temporary cutting price of the product to get the competitor out of the market.

Q3- resale price maintainence- requiring that firm to reselling that product at a specified price.

false. this practice can be efficient as it will make the product competitive and increase its sale.