What was the first (and arguably most important) act of antitrust litigation in the United States?
Question 253.125 pts
What was the first (and arguably most important) act of antitrust litigation in the United States?
Monopolization and trust formation act |
Sherman Act |
Clayton Act |
Interstate Commerce Commission Act |
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Question 263.125 pts
You are evaluating the possible merger of Honda and Philip Morris. What kind of merger is this?
Horizontal |
Conglomerate |
None of the above |
Vertical |
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Question 273.125 pts
When deregulation was initially being discussed, what was one of the most serious concerns raised for electric companies?
Consumer welfare would be highly increased |
Prices would decrease substantially |
Frequent blackouts would ensue |
Electricity would be less involved with the NASA project |
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Question 283.125 pts
Suppose there are 6 firms in an entire industry. Their market shares are as follows:
Firm 1: 20%
Firm 2: 10%
Firm 3: 30%
Firm 4: 5%
Firm 5: 17%
Firm 6: 18%
What is the 4-firm ratio and the HHI for this industry?
4-firm: 77%, HHI: 1689 |
4-firm: 85%, HHI: 2038 |
4-firm: 50%, HHI: 738 |
4-firm: 65%, HHI: 1649 |
In: Economics