True or false. No explanation needed
1. The basic purpose of antitrust law is to restrictcompetition.
________2. Mergers between firms that compete in the same marketare vertical mergers.
3. Resale price maintenance agreements are not always illegal, butrather subject to analysis under the rule of reason.
________4. A contract under which a seller forbids a buyer topurchase products from the seller’s competitors is a tyingarrangement.
________5. A horizontal restraint of trade results from anagreement between firms at different levels in the manufacturingand distribution process.
________6. Manufacturers are not required to register a pesticidewith the EPA unless it has been ruled to pose an unreasonablerisk.
_________7. Any discharge into navigable water from a point sourceis illegal without a state or EPA permit.
