This course examines the laws protecting the competitive system including the Sherman Act, Clayton Act, Federal Trade Commission Act, and related legislation. Major emphasis is placed upon monopoly, horizontal competitive restraints such as price fixing and concerted refusals to deal; and vertical competitive restraints such as resale price maintenance, tying and exclusive dealing, and mergers and joint ventures. Both legal and economic implications are explored to define and analyze the pertinent issues and relate these to the everyday business environment.Grading and Method of Evaluation
Letter grade with pass/fail option. Final exam.