Which of the following is a defense to a charge of monopoly?
A) the Noerr doctrine
B) natural monopoly
C) conscious parallelism
D) predatory pricing

Question

Quizplus · Accepted Answer

The defense of natural monopoly can be used if a firm's dominant position in the market is due to natural advantages such as economies of scale, patents, or natural resources. This is not the case for options A, C, and D. The Noerr doctrine is a defense for certain antitrust violations related to lobbying efforts, not monopoly. Conscious parallelism and predatory pricing are both tactics used by firms to maintain their monopoly power and are not defenses.

Which of the Following Is a Defense to a Charge