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Veronika [31]
2 years ago
5

Federal antitrust statutes are complex, but the basic goal is straightforward: to prevent a major industry from being so dominat

ed by a small group of corporations that they destroy competition and injure consumers. Does Major League Baseball violate the antitrust laws? Many observers say that it does. A small group of owners not only dominate the industry but actually own it, controlling the entry of new owners into the game. This issue went to the United States Supreme Court in 1922. Justice Holmes ruled, perhaps surprisingly, that baseball is exempt from the antitrust laws, holding that baseball is not "trade or commerce." Suppose that a congressman dislikes this ruling and dislikes the current condition of baseball. What could he/she do?
Business
1 answer:
kicyunya [14]2 years ago
6 0

Answer:

Since it is the supreme Court that has given this decision, there is nothing much an individual congressman can do alone or even a president.

However, since anti trust laws do not cover those which are not trade or Commerce in nature, a congressman can propose to inact new laws that cover Sports related economic activities. Or they can pass a new law to include the sports related financials in the anti trust laws. But this could change the structure and the purpose of anti trust laws.

Explanation:

You might be interested in
1.
TiliK225 [7]
<span>1. If Emir says he wants an office with windows and a nice view he is expressing his need for a comfortable job environment. The answer is "b. his job environment". 2. If Lei bikes to and from work every day in order to train for the Olympics her values and work ethic are what are important to her. The answer is "d. her values".</span>
4 0
2 years ago
A comparable property sold 10 months ago for $98,500. If the appropriate adjustment for market conditions is 0.30% per month (wi
andreyandreev [35.5K]

Answer:

$101,495.20

Explanation:

The comparable property value with compound interest

The formula for calculating future compound values

FV = PV × (1+r)n

In this case:

PV = 98,500

r =0.3% the interest rate per month

n = 10 compound periods

FV = 98,500 x (1+ 0.3/100)10

=98,500 x (1.003)10

=98,500 x 1.030408

=$101,495.20

8 0
2 years ago
Milo receives a commission of on all sales. If his commission on a sale was , find the cost of the item he sold.
Pachacha [2.7K]

Answer: $1,256

Explanation:

Milo makes 6% on the sales that he makes.

The $75.36 that he made from this sale is therefore 6% of the cost of the item sold.

Assuming the item was x, the cost is;

6% * x = 75.36

x = 75.36/6%

x = $1,256

7 0
1 year ago
The manufacturer of south face sells jackets to retail stores for $120 each, and it requires the retail stores to charge custome
balandron [24]

Answer:

The answer is <u>"Resale price maintenance".</u>

Explanation:

Resale price maintenance refers to an authoritative arrangement which was made between a producer and a merchant whereby the wholesaler agrees to comply with expressed resale value minimums or maximums.

Resale price maintenance is a typical strategy which is utilized by producers that need to keep up a specific brand picture in the commercial center by keeping resale value focuses inside a specific range.

7 0
2 years ago
Helena is looking for an advisor who can help guide her as she invests. She also wants to reduce transaction and trading costs.
Trava [24]

The correct answer would be option D. Mr. Jones, who has positive client reviews and charges moderate fees.

Her goal is to achieve a 8% return in one year so that she can buy a house. Mr. Jones, who has positive client reviews and charges moderate fees, would be the most appropriate one for her.

Explanation:

When choosing the best for you, you must make a decision by considering all the factors contributing in the choice of that alternative.

So when Helena wants to hire an adviser who can help her guide her with the investments, she should choose the one who has positive clients' reviews. This would be to first priority for Helena to choose the adviser. Secondly if that adviser charges moderate fee, then this would be a plus point for that alternative.

So Helena must choose Mr. Jones who has both positive reviews as well as charges moderate fees.

Learn more about decision making at:

brainly.com/question/9075718

#LearnWithBrainly

5 0
2 years ago
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