If a horizontal merger between two rival firms reduces competition, all of the following are possible except which one?
A)The managers could face personal fines.
B)The firms could face civil penalties.
C)The firms could face criminal fines.
D)The managers could face personal fines, but could not be imprisoned.

Question

Quizplus · Accepted Answer

While civil and criminal penalties may be imposed on the firms for reducing competition through a horizontal merger, the managers cannot be imprisoned for antitrust violations. They may face personal fines, but not imprisonment.

If a Horizontal Merger Between Two Rival Firms Reduces Competition