Answer:
<em>Yes, this is antitrust violation. Because, the tend to restrain trade in that small city thereby denying other small player brokerage firms from making a living due to their monopolistic actions among themselves.</em>
Explanation:
Antitrust laws are designed in-order to prohibit a number of business practices that restrain trade. Examples of illegal practices are price-fixing conspiracies, corporate mergers that are likely to cut back the competitive fervor of certain markets, and predatory acts designed to gain or hold on to monopoly power.
<em>Violations of such laws attract sanctions and punishment from the regulatory body in-charge of protecting such.</em>
1. Not letting people talk down about you. 2. Not talking down about yourself. Respect other people, if you can’t respect them.. how can you respect yourself ?
In a revenue management system; the forecasting, allocation, overbooking, and pricing must work in unison if the objective is to maximize the revenue generated by a perishable asset.
<h3>What is a revenue management system?</h3>
Basically, a revenue management system refers to a system that analyzes the combination of competitor rates, historical rates, market dynamics and inventory levels to predict demand and provide rate recommendations. A very good revenue management system will always automate the entire process and generate rates that can maximize revenue and profitability.
One of the example of use of Revenue Management is employed in the businesses of Hotel Management and the Airline Industry. The primary source of most revenue for hotels is found in their room rates and the revenue generated from the bookings is a simple multiplication of price and volume booked.
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It depends on how suspicious. Like are they walking sideways? or are they talking to themselves? If they were doing something like those two things, I could safely assume that you could cause a disturbance to the peace. I would give them an ultimatum. I'll wait 10 minutes, then if you wont give your name, I'll take you down to the station. I would give no threats or use harsh language. If they give me their name, I would look their records up. If they had similar cases, I would take them anyway. Just incase. It's better safe than sorry.
