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Linda_us
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26.Which one of the following is not prohibited by the original

Customer Question

26.Which one of the following is not prohibited by the original Clayton Act?
Answer
the purchase of the stocks of rival firms that lessens competition
the purchase of the assets of rival firms that lessens competition
an exclusive dealer or tying agreements that lessen competition
price discrimination that lessens competition

27.The latest industry to begin the deregulation process is the:
Answer
trucking industry.
airlines industry.
electricity industry.
railroad industry.

28.A merger between an automobile manufacturer and a maker of automobile tires is an example of a:
Answer
conglomerate merger.
horizontal merger.
vertical merger.
tying contract.

29.Overall, deregulation of industries formerly subjected to industrial regulation:
Answer
has been a clear failure.
is contributing an estimated $3 billion annually to society's well-being.
is contributing an estimated $50 billion annually to society's well-being.
has produced sizable efficiency gains in the communications industry, but not in the transportation industry (railways, trucking, airlines).


30.All of the following are regulatory commissions dealing with industrial regulation (as distinct from social regulation) except the:
Answer
Food and Drug Administration.
Federal Energy Regulatory Commission.
Federal Communications Commission.
50 state public utility commissions.
Submitted: 6 years ago.
Category: Homework
Expert:  Linda_us replied 6 years ago.
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