In the United States,antitrust laws
A) do not allow one person to be a director of two competing firms if being a member "substantially lessens competition."
B) break up a company if it is too large because "size itself is an offense."
C) do not always prosecute firms if they have fixed their prices.
D) regard excess competition as a felony under Section 3 of the Sherman Act.
E) place a maximum limit of 125 firms that are allowed to compete in any market.

Question

Quizplus · Accepted Answer

Antitrust laws in the United States prohibit individuals from simultaneously being directors of two competing firms if doing so would substantially lessen competition. This is based on the Clayton Antitrust Act of 1914.

In the United States,antitrust Laws