Chapter 14, Problem 7DQ

The courts have ruled that it is reasonable restraint of trade (and therefore permissible) for the owner of a business to sell his business & a contract with the new owner saying that he will not compete with her within a vicinity of, say, 100 miles , for a period of, five years. if this type of contract is a reasonable restraint of trade, you can give an example of what you would consider an unreasonable restraint of trade? explain how you decide what is a reasonable restraint of trade and what is not.

13 sellers and 13 buyers are each willing to buy or sell one unit of a good, with values {$13, $12, $11, $10, $9, $8, $7, $6, $5, $4, $3, $2, $1}. If there is a single monopoly market-maker who keeps as profit the difference between bid and ask prices, the equilibrium quantity traded in the market is:   A. 7.   B. 4.   C. 1.   D. 10.   Why?

Respond to the following: In today's economy, there are powerful companies that seem to control massive segments of different markets. Using the NEXIS-Uni Legal Database in the Strayer Library or the FTC website below, research a company that has been sued for anti-competitive behavior in the last five years. Explain the facts of the lawsuit, why the actions were anti-competitive, and whether it is a horizontal restraint of trade or a vertical restraint of trade. (Explain these terms in your answer.) (Note: Do NOT use Amazon, Google, Facebook, Qualcomm, Samsung, or Apple. Try to find a lawsuit from a company in your home state, if available). Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.