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Chapter 5/6
Study for chapters 5 and 6
| Question | Answer |
|---|---|
| Which Governments can regulate prices? | National and State |
| What is market power? | the ability to control price and exclude competitors |
| What is the Clayton Act? | a federal law that prohibits price discrimination |
| What is the name of the second act that is designed to eliminate price discrimination? | Robinson-Patman Act |
| What are the three ways the public has access to the activity of administrative agencies? | open records, open meetings, public announcement of agency guidelines |
| __ is a law that requires advance notice of agency meeting and public access | Open Meeting Law |
| EEOC stands for | Equal Employment Opportunity Commission |
| What is another name for an administrative law judge? | Hearing officer or hearing examiner |