Asked by
Cedric Staana
on Nov 26, 2024
Verified
Interlocking directorates refers to a situation where
A) a director of one firm is also a board member of a competing firm.
B) members of the board of directors of a firm could not agree on a clear strategy for the firm.
C) competing firms have separate and different members in their boards.
D) a company's board splits into two rival camps locked in constant struggle.
Interlocking Directorates
A situation where members of the board of directors of one company also serve on the board of directors of another company, potentially leading to conflicts of interest.
Sherman Act
A foundational antitrust law enacted in the United States in 1890 to prohibit monopolies and other practices that restrained trade.
- Understand the historical context and core legislation of antitrust laws in the U.S.
- Recognize prohibited practices under antitrust laws such as tying contracts and monopolistic behaviors.
Verified Answer
AO
Learning Objectives
- Understand the historical context and core legislation of antitrust laws in the U.S.
- Recognize prohibited practices under antitrust laws such as tying contracts and monopolistic behaviors.