Platte River Meat Packing Company maintains a three percent share of the beef-packing industry in the United States. Last year, it launched an unsuccessful effort to harm its competitors and garner monopoly share of the beef-packing industry. Platte River's efforts are:
a. not actionable because Platte River lacked sufficient market power to ensure a dangerous probability of success and consequent serious threat of monopolization.
b. not actionable because antitrust laws do not punish unsuccessful attempts to monopolize, only those that succeed.
c. actionable because Platte River possessed intent to harm its competitors regardless of whether its efforts were successful.
d. actionable as a per se attempt to monopolize the beef-packing industry.
Ans: a. not actionable because Platte River lacked sufficient market power to ensure a dangerous probability of success and consequent serious threat of monopolization.
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