Use the additional facts below to answer questions 29-33.

You are the new CEO of Logistics. Your management team plans to leverage your customers current reliance on TruckIT to protect Logistics market share until TruckIT Online is released in two years. Their plan: (i) for customers who agree to use TruckIT exclusively for two years, Logistics will reduce TruckIT license and support fees to well below the expected price of the competitors online products and services and below Logistics cost, and (ii) for customers that do not agree to use TruckIT exclusively for two years, Logistics will delay or withhold support services critical to the day-to-day operation of TruckIT. Before approving this plan, you consult with your lawyer.

Please identify if the statements below are true or false.

29. If Logistics reduces the price of TruckIT licenses and services as described, customers will pay lower prices. That makes this a lawful means for Logistics to maintain a monopoly in the industry segment.

Group of answer choices

True

False

30.

The Logistics CFO believes that delaying or withholding support services will ultimately enhance the value of its shareholders stock. However, adding business value for Logistics would not protect Logistics if it were using illegal means to maintain a monopoly in the industry segment.

Group of answer choices

True

False

31.Logistics management also plans to hire key software developers from potential competitors and their contractors for the purpose of slowing the development of competitive products. Such action could be viewed as use of anti-competitive means to maintain a monopoly.

Group of answer choices

True

False

32.Logistics' CEO was wise to ask counsel if it could be an unlawful tying arrangement to require customers to buy a two year license they might not want, in order to get the services they did want.

Group of answer choices

True

False

33.

Logistics' CEO rejected managements plans and instead, Logistics introduced previously developed TruckIT features. Logistics updated its marketing to emphasize its history of great service and reliability. It was able to maintain TruckITs share of the industry segment after competitors released their products. Logistics' share stabilized at 82% share of the market in the industry segment; this share was likely accomplished lawfully.

Group of answer choices

True

False