Before two firms of significant size merge, they are required to notify the government at least a month in advance.

Question

Quizplus · Accepted Answer

This statement is true, as merging firms are required to notify antitrust agencies such as the Federal Trade Commission or the Department of Justice at least 30 days prior to the planned merger. This allows the government to review the proposed merger and assess potential antitrust issues.

Before Two Firms of Significant Size Merge, They Are Required