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Scenario 1 - Regulation of Competition A famous comedian indicated on Facebook that the Apple iPhone was his favorite cell phone. After the comment, sales
Scenario Regulation of Competition
A famous comedian indicated on Facebook that the Apple iPhone was his favorite cell phone. After the comment, sales of iPhones increased percent. Since demand outpaced supply, Apple decided not to sell any more phones unless an additional tablet was purchased. A competitor informed the Office of the Attorney General of this policy, asserting it was illegal.
Explain the legal basis for the complaint and decide which party will prevail.
Scenario Antitrust Laws
Omnicon, Inc. and Drummond, Ltd are competitors selling similar lawn equipment in the states of Florida, Georgia, Alabama and South Carolina. Omnicon and Drummond agree that Omnicon will no longer sell equipment in South Carolina and Georgia and Drummond will no longer sell equipment in Alabama and Florida.
Have Omnicon and Drummond violated any antitrust laws? Explain why or why not.
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