Which of the Following Was the Result on Appeal in the Case

Multiple Choice

Which of the following was the result on appeal in the Case Opener involving an appeal of a decision of the Federal Trade Commission blocking a proposed merger between Polypore and Microporous Products on the basis that it would substantially lessen competition?

A) That the Federal Trade Commission erred in treating the merger as a vertical merger instead of a horizontal merger and that the proposed merger should have been allowed to proceed.
B) That the Federal Trade Commission erred in determining that the proposed merger would substantially lessen competition and that the merger should have been allowed to proceed.
C) That the Federal Trade Commission erred in asserting jurisdiction over the dispute and that the matter would be remanded to the federal district court.
D) That the Federal Trade Commission properly determined that a horizontal merger was involved that would substantially lessen competition.
E) That although the Federal Trade Commission erred in treating the merger as a horizontal merger rather than as a vertical merger, the Commission properly determined that the proposed merger would substantially lessen competition.