In the Case of U

Multiple Choice

In the case of U.S. v. Baker Hughes, concerning a merger of hardrock hydraulic underground drilling rig makers, the court held that the proposed merger:

A) should not be stopped because sophisticated buyers would ensure competitive prices
B) should be stopped because the sellers would have over 75% of the market
C) should be stopped because buyers had insufficient power to insure competitive prices
D) should be stopped because the market was saturated with such firms
E) none of the other choices