The Wall Street Journal: Teddy Roosevelt busted Standard Oil. The Obama Administration? Its making the world safe
Question:
The Wall Street Journal: “Teddy Roosevelt busted Standard Oil. The Obama Administration? It’s making the world safe from rapacious piano teachers.” The Federal Trade Commission alleged that the 22,000-member Music Teachers National Association (MTNA) implemented an ethics code that forbade members from actively recruiting each others’ students, and that some MTNA affiliates prohibited members from charging lesson fees lower than the community average or offering free lessons or scholarships. In 2013, the MTNA agreed to change its code and to sever relations with nonconforming affiliates.
a. What antitrust harm was the government seeking to stem?
b. Was the FTC misusing its power in pursuing the music teachers? Explain.
Step by Step Answer:
Law Business And Society
ISBN: 9781260247794
13th Edition
Authors: Tony McAdams, Kiren Dosanjh Zucker, Kristofer Neslund, Kari Smoker