Asked by Jaylen Maloy on May 20, 2024

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A business, but not an individual person, can be deemed liable for monopolizing or attempting to monopolize trade or commerce in violation of the antitrust laws.

Monopolizing

The act of a company obtaining exclusive control over a market or commodity, often seen as detrimental to fair competition.

Antitrust Laws

Regulations established to prevent anti-competitive practices, promote fair competition, and protect consumers.

Individual Person

A single human being as distinguished from a group, organization, or corporation.

  • Grasp the judicial outcomes linked to anticompetitive actions like price-fixing, dividing markets, and setting predatory prices.
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HP
Honey PatelMay 25, 2024
Final Answer :
False
Explanation :
Both businesses and individual persons can be held liable for monopolizing or attempting to monopolize trade or commerce under antitrust laws, such as the Sherman Antitrust Act.