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Web-Based Activities
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Web Activity 1

Examine the charges of price fixing in the international vitamin industry at www.usdoj.gov. Search for case number 99-073.

  1. What is price fixing and why is it against the law?
  2. What antitrust law is being violated?
  3. Who were the defendants in the suit and what were the charges against them?
  4. Was the alleged price fixing at the retail or wholesale level? What was the fine?

Web Activity 2

Log on to www.census.gov. Click the "Business" tab, click "Concentration," and then click on the "2007 Economic Census for "Arts, Entertainment, and Recreation." Using the information you find in the chart, calculate the concentration ratio for spectator sports industry. How does this compare to the concentration ratio for circuses?








Schiller Economy Today 13eOnline Learning Center

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