Exam 13: Antitrust and Regulation

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If two or more firms collude to fix prices, this would be outlawed by the:

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The antitrust legislation that made it illegal for a firm to buy a competitor's voting stock was the:

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Overconsumption of a product can be caused by imperfect information.

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The task of economic regulation is to:

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Which of the following mergers would result from the purchase of a paper mill by a textbook publishing company?

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Which of the following is often called the "Antimerger Act"?

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The Sherman Antitrust Act is primarily concerned with:

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Officers of five large building-materials companies meet and agree than none of them will submit bids on government contracts lower than an agreed-upon level. This is an example of:

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If a firm buys the assets of a firm with cash, it may be in violation of the Celler-Kefauver Act.

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The per se rule refers to the interpretation of the courts that dominant firms should be broken up because of their:

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The federal agency established in 1934 to regulate telephones and broadcasting industries is the:

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Exhibit 13-1 Cable television monopolist Exhibit 13-1 Cable television monopolist   -As shown in Exhibit 13-1, an unregulated cable television monopolist would operate at which point on its demand curve: -As shown in Exhibit 13-1, an unregulated cable television monopolist would operate at which point on its demand curve:

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A merger between a leather supplier and a shoe manufacturer would be classified as a:

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If a firm offers quantity discounts or special promotional allowances only to favored distributors and the effect is to substantially lessen competition, then it is in violation of the:

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Which act of Congress declared tying contracts, exclusive dealing, and price discrimination illegal?

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The government's court case against Microsoft is an example of:

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Which of the following is illegal under Clayton Act of 1914?

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What act of Congress declared restraint of trade illegal and declared any attempt at monopolizing unlawful?

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The Clayton Act:

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If a steel company and an ice cream company decide to merge, this merger would be classified as:

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