Economics for Today 9th Edition by Irvin Tucker

Exercise 24

Based on the antitrust laws, how would you expect the federal government to react to the following situations?
A) A college bookstore deliberately reduces prices until its only rival is driven out of business. The bookstore then raises its prices.
B) Real estate firms meet in an open meeting and agree to charge a given percent commission on sales.
C) Microsoft merges with Apple by a stock acquisition.
D) A small tax preparation company merges with a regional grocery store chain.