Explain competitors can be inferred by demonstration, Operation Management

Assignment Help:

Security Services, Inc. and Redline Protectors were the two predominant providers of home alarm systems in the Dallas area. They had become the two big businesses after the smaller competitors left the market that was becoming dominated by Security and Redline. One of the smaller competitors complained that Security and Redline seemed to always change their product pricing to the same new level, at the same time, moving prices down to clear out competition, then raising prices, but always at about the same time. Which of the following is most correct about this situation? While illegal antitrust activity might be inferred from the behaviours noted here, an express agreement to fix prices at a certain level is the only way to meet the required level of proof. Because prices are dictated by the market economy, it is common for companies to have the same price, so identical pricing and changes at the same time will not suggest an antitrust violation. A meeting of the minds between the competitors can be inferred by demonstration of conscious parallelism. None of the above is true.


Related Discussions:- Explain competitors can be inferred by demonstration

Explain what implications does that fact have for managers, The resource-ba...

The resource-based model identifies four criteria that firms can use to evaluate whether particular resources and capabilities are core competencies and can, therefore, provide a b

Explain repeat a signal form router to a workstation, On a 100BaseT Etherne...

On a 100BaseT Ethernet network, what is the maximum number of hubs that can be used to repeat a signal form a router to a workstation? a. 1 b. 2. c. 3 d. 4

What are the disadvantages of ethical relativism, What are some of the adva...

What are some of the advantages and disadvantages of ethical relativism as an ethical philosophy for business managers? Do you agree with the basic "relativism" rationale justifyin

Explain why are service typically more difficult to automate, Why are servi...

Why are services typically more difficult to standardize, automate, and make efficient?

Explain what pay level does the efficiency wage predict, What pay level doe...

What pay level does the efficiency wage predict? Does the theory accurately predict organization behaviour? Why or why not

Explain how an mnc selects an organizational structure, Complete a 3 page p...

Complete a 3 page paper in APA format (plus cover sheet and reference page) that discusses at least three factors that influence how an MNC selects an organizational structure

Factors affecting productivity improvement, Factors Affecting Productivity ...

Factors Affecting Productivity Improvement  As has already been stressed, productivity improvement is not simply concerned with finding ways of making people work harder, nor

Explain local company to custom-produce your product line, You are the new ...

You are the new owner of a local ice cream store located in a strip mall adjacent to a university campus. You've decided to sell 20 flavours of ice cream and are contemplating whet

ROLE OF PRODUCTION PLANNING AND CONTROL, WHAT IS MEAN BY RODUCT DESIGN IN O...

WHAT IS MEAN BY RODUCT DESIGN IN OPERATION MANAGEMENT?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd