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Business English Exercises
 

Consumer Protection

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Home > Teaching Business English > Business English Lessons, Advanced Level # 100
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The US Federal Trade Commission has prepared the following information to help consumers understand the antitrust laws and protect consumer ......... — the freedom to choose goods and services in an open marketplace at a price and quality that fit the consumer's needs.


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A ......... agreement on price among competitors — where the agreement is not reasonably related to the firms' business operations — is illegal.


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Price similarities also can result from normal economic conditions: for example, ......... competition can drive prices down to a common level.


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As for the appearance of uniformly high prices, ......... may not be the only basis for the situation: prices may increase if consumer demand for a product is particularly high and the supply is limited.


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An agreement to restrict production or output is illegal because reducing the supply of a product or service ......... drives up its price.


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501 Business English Exercises — Printable, photocopiable.
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A group ......... — an agreement among competitors not to deal with another person or business — violates the law if it is used to force another party to pay higher prices.


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Market division — agreements among competitors to divide sales territories or ......... customers — are presumed to be illegal.


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Restrictions on price advertising can be illegal if they ......... consumers of important information.


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A professional ......... of ethics may be unlawful if it unreasonably restricts the ways professionals may compete.


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Vertical price-fixing — an agreement between a supplier and a dealer that fixes the minimum resale price of a product — is a ......... antitrust violation.


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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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