Statement I.The trend of billion-dollar mergers and takeovers of the last 15 years has been almost exclusively limited to U.S.firms.
Statement II.The 1999 merger between Exxon and Mobil oil companies was subject to antitrust regulation by the U.S.Justice Department and the European Commission.

Question

Quizplus · Accepted Answer

Statement I is false because billion-dollar mergers and takeovers have occurred globally, not just among U.S. firms. Statement II is true as the Exxon and Mobil merger was indeed subject to antitrust scrutiny by both the U.S. Justice Department and the European Commission.