Using the “Frequently Asked Questions” on the “Small Business Notes” Web page
[www.smallbusinessnotes.com/managing-your-business/frequently- smallbusinessnotes.com/managing-your-business/frequently-asked-questions.html]
Answer these questions:
1. Shopping for a stereo loudspeaker made by Sound Corporation, I couldn’t find a dealer who would sell it for less than the manufacturer’s suggested retail price. Isn’t that price fixing?
2. I own a retail clothing store and the Brand Company refuses to sell me any of its line of clothes. These clothes are very popular in my area, so this policy is hurting my business. Isn’t it illegal for Brand to refuse to sell to me?
3. I operate two stores that sell recorded music. My business is being ruined by giant discount store chains that sell their products for less than my wholesale cost. I thought there were laws against price discrimination, but I can’t afford the legal fees to fight the big corporations. Can you help?