Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer these with a detailed response thank you Prompt 1: British Airways and Virgin Atlantic Airlines discussed fuel surcharges at least six times during an

Answer these with a detailed response thank you Prompt 1: British Airways and Virgin Atlantic Airlines discussed fuel surcharges at least six times during an 18-month period from 2005 through 2006. As a result, the two companies' fuel surcharges rose in tandem from 5 pounds (about $10) to 60 pounds (about $120). Would Britain's Office of Fair Trading be able to establish an antitrust violation? Prompt 2: Amanda Reiss had completed her residency in ophthalmology in Portland, Oregon, and was moving to Phoenix, Arizona, to start her practice. She began looking for office space and met with a leasing agent who showed her several complexes of medical suites. Dr. Reiss was ready to sign for one of them when the leasing agent turned to her and said, "Oh, by the way, you're not one of those advertising doctors, are you? Because they don't want that kind in any of my complexes." Has there been a violation of the antitrust laws?

Prompt 3:

Christie's International and Sotheby's, international auction houses for art and estate items, are known for their handling of the estates and property of the rich and famous, such as the estate of Jacqueline Kennedy Onassis; the gowns of Diana, Princess of Wales; and the effects of Marilyn Monroe. Together, the two firms controlled 95% of the international auction market.

Sotheby's CEO of more than 20 years, Diana (Dede) Brooks, and Christopher M. Davidge, the CEO of Christie's, at the direction of their bosses, Sotheby's chairman, Sir A. Alfred Taubman, and Christie's chairman, Sir Anthony Tennant, met to discuss their companies' charges for commissions. Sir Alfred and Sir Anthony had met and agreed that they were "killing" each other with their competition. Both then directed Brooks and Davidge to reach agreements that ensured their firms' survivals.

Ms. Brooks and Mr. Davidge then began a series of meetings, many of which were in the backseat of Ms. Brooks's car as she picked Mr. Davidge up from the airport, in which they discussed the following:

Their commission rates

An agreement to publish nonnegotiable commission rates

An agreement as to who would publish rates first

Exchange of customer information so that they could monitor each other's commission rates

Eliminating interest-free loans to their seller/customers on consignment arrangements

Eliminating charitable deductions as part of their pricing to sellers

What provisions of federal antitrust law would be applied to this case?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sports Law

Authors: Mark James

3rd Edition

113755925X, 978-1137559258

More Books

Students also viewed these Law questions

Question

Define Management or What is Management?

Answered: 1 week ago

Question

What do you understand by MBO?

Answered: 1 week ago

Question

What is meant by planning or define planning?

Answered: 1 week ago

Question

Define span of management or define span of control ?

Answered: 1 week ago