Which of the Following Statements Is True of Monopoly Power

Multiple Choice

Which of the following statements is true of monopoly power?

A) Mere possession of monopoly power violates Section 1 of the Sherman Act.
B) If monopoly power is thrust upon a firm, there is a violation Section 2 of the Sherman Act.
C) Monopoly power which exists because of a patent or franchise violates the Clayton Act.
D) If a firm engages in conduct that has the effect of extending its monopoly power, it does not violate the Sherman Act.
E) Proof of monopoly power alone is insufficient to qualify as a violation of the Sherman Act.