Together, emi, sony bmg music entertainment, universal music group recordings, inc., and warner music group corp. produced, licensed, and distributed 80 percent of the digital music sold in the united states. the companies formed musicnet to sell music to online ser- vices that sold the songs to consumers. musicnet required all of the services to sell the songs at the same price and subject to the same restrictions. digitization of music became cheaper, but musicnet did not change its prices. did musicnet violate the antitrust laws? explain.

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)