In the Staples/Office Depot Case, the government:
A. found that Staples had attempted to drive Office Depot out of the market, and so they prosecuted them under the Clayton Act.
B. determined that the anticompetitive effects of a proposed merger between the two firms outweighed the potential savings in production costs, and so they blocked the proposed merger.
C. found that Office Depot had illegally attempted to monopolize the market.
D. found that Staples had illegally attempted to monopolize the market by using tying contracts.
Answer: B
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Which of the following is a depository institution?
A) a life insurance company B) a credit union C) a pension fund D) a mutual fund
The expected yield on an asset with two possible outcomes is equal to the
A) difference between the two outcomes. B) sum of the possible outcomes multiplied by their respective probabilities. C) standard deviation of the two outcomes. D) product of the two outcomes.
In the United States, an official dating of business cycles
a. is executed by the Federal Reserve Bank of New York. b. originates with the Department of Commerce. c. was started by the Bureau of Labor Statistics Institute. d. is performed by the Business Cycle Dating Group of the National Bureau of Economic Research.
If the economy is in long-run equilibrium, the actual unemployment rate is less than the natural unemployment rate
Indicate whether the statement is true or false