Explain competitors can be inferred by demonstration, Operation Management

Assignment Help:

Security Services, Inc. and Redline Protectors were the two predominant providers of home alarm systems in the Dallas area. They had become the two big businesses after the smaller competitors left the market that was becoming dominated by Security and Redline. One of the smaller competitors complained that Security and Redline seemed to always change their product pricing to the same new level, at the same time, moving prices down to clear out competition, then raising prices, but always at about the same time. Which of the following is most correct about this situation? While illegal antitrust activity might be inferred from the behaviours noted here, an express agreement to fix prices at a certain level is the only way to meet the required level of proof. Because prices are dictated by the market economy, it is common for companies to have the same price, so identical pricing and changes at the same time will not suggest an antitrust violation. A meeting of the minds between the competitors can be inferred by demonstration of conscious parallelism. None of the above is true.


Related Discussions:- Explain competitors can be inferred by demonstration

Describe the differences between a 3rd party beneficiary, Explain the diffe...

Explain the differences between a 3rd party beneficiary and a 3rd party assignee. Why are assignments of contracts so important for our free enterprise economy?

Explain decrease company profits and increases in wages, Labour relations g...

Labour relations goals for management include: Answer (1) increase company profits, and limit decreases in employee wages and benefits. (2) Decrease company profits, and limit incr

Who was the founder of scientific management, Who was the founder of Scient...

Who was the founder of Scientific Management? Ans: The founder of Scientific Management is F.W. Taylor.

Location analysis, explain the series of steps involved and various factor...

explain the series of steps involved and various factor effecting location decion?

Explain term everybody''s doing it, How common do you think it is for peopl...

How common do you think it is for people to try to justify their conduct by the argument that "Everybody's doing it"? Give examples from your own experience.

Explain were the british more responsible for losing the war, Were the Brit...

Were the British more responsible for losing the war or were the colonists more responsible for winning it? Use specific examples from this week's readings to support your respons

Line balancing, what happens if line balancing does not exist

what happens if line balancing does not exist

Explain crisis leadership style, How is crisis leadership different from le...

How is crisis leadership different from leading under normal circumstance? If leaders wanted to fine-tune crisis leadership style, how would you suggest they practice without creat

Explain eliminating the scrap, An operation has a 10% scrap rate. As a resu...

An operation has a 10% scrap rate. As a result, 72 pieces per hour are produced. What is the potential increase in labour productivity that could be achieved by eliminating the scr

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd