Question

FAN AND MEDAL
A shoe repair company starts buying out all the local shoe repair companies. Once it is the only shoe repair company in town, it sharply raises prices. This might be a violation of which of the following types of laws?

Regulatory
Patent
Antitrust
Supply and demand

Answer 1

i think C

Answer 2

I'd go with antitrust since antitrust laws are designed to prevent this kind of abuse. Patents have more to do with securing an idea (patent office) and supply and demand have more to do with commerce in general.

Answer 3

thanks

Answer 4

You also made a great guess, so medal for you too. :)

Answer 5

thanks :P