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Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
Edition 4ISBN: 978-1133709107Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
Edition 4ISBN: 978-1133709107 Exercise 8
Lloyd sold car floor mats to Mercedes dealerships. Then Mercedes began to include floor mats as standard equipment. Mercedes has a 10 percent share of the luxury car market.
(a) Mercedes has created an illegal tying arrangement because floor mats and cars are separate products.
(b) Mercedes has not created an illegal tying arrangement because it does not have significant power in the luxury car market.
(c) Mercedes has not created an illegal tying arrangement because it is not tying the two products together.
(d) Mercedes has created an illegal tying arrangement because it controls the market in floor mats for its cars.
(a) Mercedes has created an illegal tying arrangement because floor mats and cars are separate products.
(b) Mercedes has not created an illegal tying arrangement because it does not have significant power in the luxury car market.
(c) Mercedes has not created an illegal tying arrangement because it is not tying the two products together.
(d) Mercedes has created an illegal tying arrangement because it controls the market in floor mats for its cars.
Explanation
Verified
Verified
a.
Firstly Mercedes has created an illeg...
Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
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