Glass Exclusive
Posted in Garden Antiques on 09/13/2009 04:37 am by adminGlassware violated which of the following provision(s) of the Clayton Antitrust Act?
Glassware is the main supplier of glass in a given country, although it faces competition from smaller glass producers. Glassware offers a quantity discount to Windoze Inc. (which is a giant windows producer) if and only if Windoze Inc. agrees to not buy glass from other glass producers. Glassware does not offer this discount to any of its other customers.
Windoze Inc. accepts the offer and, as a result, a substantial number of small glass producers start exiting the market.
Glassware violated which of the following provision(s) of the Clayton Antitrust Act?
I. Price discrimination
II. Exclusive dealing
III. Tying contracts
IV. Interlocking stockholding
V. Interlocking directorates
A. I and II only
B. II only
C. I, II, III, and V only
D. I and III only
E. I only
F. I, II, and IV only
Procedurally, the Act empowers private parties injured by violations of the Act to sue for treble damages under Section 4 and injunctive relief under Section 16.
Under the Clayton Act, only civil suits could be brought to the court's attention and a provision "permits a suit in the federal courts for three times the actual damages caused by anything forbidden in the antitrust laws"[3], including court costs and attorney's fees.
The Act is enforced by the Federal Trade Commission which was also created and empowered during the Wilson Presidency by the Federal Trade Commission Act, and also the Antitrust Division of the U.S. Department of Justice.
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