Exam 11: Antitrust Law-Monopolies and Mergers

Which of the following acts is applicable to acquisitions combining domestic and foreign firms and is potentially applicable to acquisitions not involving American firms if the effect would harm competition in the American market?

The _____ doctrine permits a merger to preserve the assets of a firm that would otherwise be lost to the market.

Market share alone will lead to antitrust action.

Which of the following is a disadvantage of mergers?

Describe the five steps used by a court in monopolization analysis.

Which of the following statements is true of antitrust law?

What is a monopoly? How is an unlawful monopoly determined?

Market share,by itself,can establish monopoly power.

What are the remedies for mergers determined to be anticompetitive?

Which of the following data is generally used by the federal government in combination with evidence of actual behavior to identify anticompetitive situations?

Explain the application of U.S.antitrust policies overseas.

Describe the methodology for analyzing horizontal mergers.

A _____ merger involves two or more firms at different levels of the same channel of distribution.

Which of the following is a potential virtue of mergers?

A monopoly may be earned or thrust upon a monopolist.

A(n) _____ is a situation in which one firm holds the power to control prices and/or exclude competition in a particular market.

An athletic footwear manufacturing company acquiring a mineral water manufacturing company would be an example of a _____ merger.

Private parties commonly use the antitrust laws to sue for treble damages when they believe a merger has harmed them unlawfully.

Which of the following is a hazard of mergers?

The Sherman Act prohibits attempts to monopolize as well as monopoly itself.