Assignment:
Question 1. Summarize the following acts: sections 1 and 2 of the Sherman Act; the Clayton Act and the relationship to mergers; and the Robinson-Patman Act on price discrimination. What are franchise agreements? What are merger guidelines and why should we follow them? What is the difference between vertical and horizontal mergers? What are the 3 primary areas of consumer protection law and the agencies that administer them? What is the role of consumer law protection in business?