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Littleton is a small town in Alaska and it had one family-owned hardware store; Mom and Pop Hardware. Mom and Pop had been in business
Littleton is a small town in Alaska and it had one family-owned hardware store; Mom and Pop Hardware. Mom and Pop had been in business for over 50 years. Major Hardware, Inc. decided that Littleton would be a good place to build one of its superstores. Major opened its doors, advertising unbelievably low prices; in fact, several of the regions most popular products were sold below cost. Because Major owns stores nationally, it was able to keep prices extremely low until Mom and Pop went out of business. Shortly after Mom and Pop shut its doors for good, Major began raising its prices. Mom and Pop want to sue Major. What law applies (give specific name), who will win, and in around 20 words explain why.
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