Asked by
Robert Lafreeda
on Nov 21, 2024
Verified
Under the Clayton Act, who would most likely challenge horizontal mergers?
A) Congress
B) The president
C) State legislatures
D) Department of Justice
E) Sherman Commission
Horizontal Mergers
The combination of two or more firms operating at the same level in an industry.
Clayton Act
A U.S. antitrust law passed in 1914, aimed at promoting fair competition and preventing unlawful monopolies by regulating certain business practices.
Department of Justice
A federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.
- Identify the functions of governmental bodies in the implementation of antitrust legislation and its effects on marketplace behaviors.
Verified Answer
FI
Learning Objectives
- Identify the functions of governmental bodies in the implementation of antitrust legislation and its effects on marketplace behaviors.