Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn

Exercise 16

How would you expect antitrust authorities to react to (a) a proposed merger of Ford and General Motors; (b) evidence of secret meetings by contractors to rig bids for highway construction projects; (c) a proposed merger of a large shoe manufacturer and a chain of retail shoe stores; (d) a proposed merger of a small life insurance company and a regional candy manufacturer; and (e) an automobile rental firm that charges higher rates for last-minute rentals than for rentals reserved weeks in advance.