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Many business persons believe that certain antitrust claims are unique and are not subject to arbitration.

a. true
b. false

User Drembert
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1 Answer

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Final answer:

It is false that certain antitrust claims are unique and not subject to arbitration; antitrust law exists to prevent anti-competitive practices and can include arbitration.

Step-by-step explanation:

Regarding the belief that certain antitrust claims are unique and not subject to arbitration, the correct answer is false. U.S. antitrust law is designed to prevent monopolies and promote competition. In the late 1800s, when many industries were dominated by a single firm, there was concern about higher prices and reduced innovation. The law seeks to prohibit practices that could reduce competition, even if there are no explicit agreements on pricing or production quantity. While it's true that certain antitrust cases, especially those involving restrictive practices, can be complex, they are not inherently exempt from arbitration. Such cases often analyze specific contracts or agreements to determine their effects on competition and may be subject to arbitration depending on the circumstances.

User J Sprague
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