Collusive price setting refers to price setting by monopolists or collusion parties at a level lower than the competitive level.
22.The American antitrust policy is pro-incumbent and pro-producer.
23.Patenting adds value to a firm’s resources when engaging with rivals.
24.Firms whose units are loosely controlled are better mutual forbearers than more centrally coordinated firms.
25.Firms with a high degree of resource similarity are likely to have similar competitive actions.
26.Combining resource similarity and market commonality helps yield a framework of competitor analysis for any pair of rivals.
27.The lowest intensity of rivalry between competitors is the result of high resource similarity and low market commonality.
28.Blue ocean strategy focuses on attacking core markets defended by rivals.
29.Making a rival aware of an attack makes it easier for the attacker to achieve its objective.
30.Minimizing an opponent’s awareness, motivation, and capabilities is more likely to result in successful attacks.
31.Firms are allowed to organize strategic alliances with rivals for cost reduction.
32.The defender strategy centers on local assets in areas in which MNEs are weak.
33.The strategy that centers on a firm expanding overseas is called the dodger strategy.
34.The United States has the world’s oldest antitrust frameworks dating back to the 1890 Sherman Act.
35.Antitrust laws are only applicable to foreign firms.
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