Asked by Yvette Umutoni Umutoni on May 18, 2024
Verified
Mr.Blue and Mr.Yellow own all of the casinos in Delta City.Mr.Green wants to open a casino in Delta City but finds it too difficult to break into the market.Mr.Green sues Mr.Blue and Mr.Yellow for antitrust violation under the Clayton Act.What is the likely reason for the case being dismissed?
A) The Clayton Act does not deal with antitrust issues associated with real estate,services,or intangibles.
B) The Clayton Act does not permit a plaintiff to sue two defendants.
C) Gambling is a vice and as such cannot be litigated in the court system.
D) The common law dictates that businesses cannot sue after failing to establish themselves in the commercial market.
Clayton Act
A U.S. antitrust law, enacted in 1914, aimed at prohibiting certain actions that lead to anti-competitiveness, such as price discrimination, exclusive dealings, and mergers that substantially lessen competition.
Antitrust Violation
An action that contradicts laws established to prevent unfair competition and promote a healthy market environment.
- Familiarize oneself with the regulations and criteria related to mergers, as specified in the Clayton Act.
Verified Answer
JY
Jessica YoungMay 20, 2024
Final Answer :
A
Explanation :
A major limitation on the Clayton Act is that is does not cover antitrust allegations surrounding real estate,services,or intangibles.
Learning Objectives
- Familiarize oneself with the regulations and criteria related to mergers, as specified in the Clayton Act.