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Law, Business, and Society 9th Edition by Tony McAdams
Edition 9ISBN: 978-0073377650Law, Business, and Society 9th Edition by Tony McAdams
Edition 9ISBN: 978-0073377650 Exercise 14
Germany, France, the Netherlands, and Austria have laws that allow publishing groups to specify the price at which new books are to be sold at retail. That is,anyone selling one of those books at retail in those countries must sell it at the price specified by publishers or they won't be supplied with the books. Why would those countries support price fixing in book sales
b. Germany's Rabattgesetz (discount law) requires that all customers pay precisely the same price for a product. Thus an Internet concept like Priceline.com where buyers specify a price they are willing to pay for a product is unlawful. Why would Germany insist on identical pricing for products
c. How would you expect the Internet to affect those laws forbidding discounts on books and other products See Neal Boudette, "In Europe, Surfing a Web of Red Tape," The Wall Street Journal, October 29, 1999,
b. Germany's Rabattgesetz (discount law) requires that all customers pay precisely the same price for a product. Thus an Internet concept like Priceline.com where buyers specify a price they are willing to pay for a product is unlawful. Why would Germany insist on identical pricing for products
c. How would you expect the Internet to affect those laws forbidding discounts on books and other products See Neal Boudette, "In Europe, Surfing a Web of Red Tape," The Wall Street Journal, October 29, 1999,
Explanation
Verified
Verified
a.Publishers argue that guaranteed profi...
Law, Business, and Society 9th Edition by Tony McAdams
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