Statement I.In 1997 the European Commission indirectly blocked a merger between Boeing and McDonnell Douglas by threatening to impose fines when doing business in Europe.
Statement II.Some companies,such as Barnes & Noble,have backed out of proposed acquisitions to avoid antitrust legal battles.

Question

Quizplus · Accepted Answer

Both statements are true. In 1997, the European Commission indeed played a significant role in the Boeing and McDonnell Douglas merger by threatening fines, showcasing the global reach of antitrust enforcement. Similarly, companies like Barnes & Noble have historically backed out of acquisitions to avoid the complexities and costs associated with antitrust litigation, demonstrating the impact of antitrust considerations on corporate decisions.