Asked by Akarshna Premanand on Jun 09, 2024

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If a seller of a product conditions its sale upon the buyer's purchasing a second product from the seller, this is known as a:

A) tying arrangement.
B) boycott.
C) horizontal restraint.
D) disparagement.

Tying Arrangement

A business practice where the sale of one product or service is conditioned on the purchase of another product or service.

Product Conditions

The state or quality of goods sold, including their fitness for the intended purpose and compliance with any expressed or implied warranties.

Seller

An individual or entity that transfers goods, services, or property to another party in exchange for money or other compensation.

  • Discern between the variety of antitrust violations like horizontal and vertical restraints, monopolistic strategies, and tying agreements.
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Verified Answer

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Final Answer :
A
Explanation :
A tying arrangement occurs when a seller requires a buyer to purchase a second product as a condition of purchasing the first product. This practice can restrict competition and is often scrutinized under antitrust laws.