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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:

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Price is constant to the individual firm selling in a purely competitive market because
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Answer:

Option C - each seller supplies a negligible fraction of total supply.

Explanation:

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3 years ago
Select all the descriptions of NAFTA that are true.
leonid [27]
The best and most correct answer among the choices provided by the question are  the following:

<span>a trade bloc between Canada, U.S., and Mexico
a trade organization that equally benefits all nations
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8 0
3 years ago
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The italian dynamic markings traditionally used to indicate very soft, soft, and very loud are respectively _____
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4 0
2 years ago
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Semenov [28]

Answer:

The correct answer is letter "C": investment revenue in cash.

Explanation:

Cash flows from investing activities are portrayed in the Cash Flow Statement indicating the amount o cash that was generated or spent from investment-related activities of the company. Usually, <em>cash payments to acquire physical assets, receipts from the sale of intangible assets, cash payments or receipts for the sale of bonds or shares of other companies, </em>and <em>cash payments in the form of loans</em> are considered in the cash flows from investing activities.

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