Asked by Meera Patel on Jun 15, 2024
Verified
An antitrust action is brought against Carrier Freight Company, alleging that a certain act constitutes the offense of attempted monopolization. To qualify, the act must
A) be likely to succeed.
B) be unlikely to succeed.
C) succeed.
D) fail.
Attempted Monopolization
An action by a firm that involves anticompetitive conduct, the intent to gain monopoly power, and a “dangerous probability” of success in achieving monopoly power.
Antitrust Action
A lawsuit or legal move to challenge practices that restrain trade or competition in the market.
- Analyze the legal guidelines for discerning monopolization and schemes to monopolize a market.
Verified Answer
SS
Shreyash ShindeJun 16, 2024
Final Answer :
A
Explanation :
To qualify as attempted monopolization, the act must be likely to succeed. This is because antitrust laws aim to prevent companies from gaining or attempting to gain a monopoly position through practices that could harm competition, even if those attempts do not ultimately succeed.
Learning Objectives
- Analyze the legal guidelines for discerning monopolization and schemes to monopolize a market.