Which of the following statements are true for the AT&T case (1982)? Check all that apply: The Department of Justice sued AT&T because it was a natural monopoly. Following the case, rates decreased for both local and long-distance telecommunications services. The Department of Justice sued AT&T because AT&T was charging unfairly high fees for access to its local telephone lines. Imagine you are a lawyer for the defense in an antitrust case. What strategies would you pursue in defending your client? Check all that apply: Argue for the application of the rule of reason instead of the per se rule. Argue that the relevant market was broader than the prosecution claimed. Argue that the results of any anticompetitive actions your client may have taken were socially desirable.
Which of the following statements are true for the AT&T case (1982)? Check all that apply: The Department of Justice sued AT&T because it was a natural monopoly. Following the case, rates decreased for both local and long-distance telecommunications services. The Department of Justice sued AT&T because AT&T was charging unfairly high fees for access to its local telephone lines. Imagine you are a lawyer for the defense in an antitrust case. What strategies would you pursue in defending your client? Check all that apply: Argue for the application of the rule of reason instead of the per se rule. Argue that the relevant market was broader than the prosecution claimed. Argue that the results of any anticompetitive actions your client may have taken were socially desirable.
Chapter14: Monopoly
Section: Chapter Questions
Problem 14.6P
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Transcribed Image Text:Which of the following statements are true for the AT&T case (1982)? Check all that apply:
The Department of Justice sued AT&T because it was a natural monopoly.
Following the case, rates decreased for both local and long-distance telecommunications
services.
The Department of Justice sued AT&T because AT&T was charging unfairly high fees for
access to its local telephone lines.
Imagine you are a lawyer for the defense in an antitrust case. What strategies would you
pursue in defending your client? Check all that apply:
Argue for the application of the rule of reason instead of the per se rule.
Argue that the relevant market was broader than the prosecution claimed.
Argue that the results of any anticompetitive actions your client may have taken were socially
desirable.
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