Question

Why was Nabisco so open in its 1901 annual report about discussing its efforts to monopolize the cracker (biscuit) industry? a. Nabisco's market share was too low b. Nabisco was being very arrogant and reckless c. Nabisco and other manufacturers were not subject to antitrust laws in 1901 d. Nabisco had figured out how to bribe Justice Department officials e. The government was actually promoting cracker monopolies in 1901 a Ob Ос d e

Answer 1

Solution:

Answer- c. Nabisco and other manufactures were not subject to antitrust law in 1901.

Explanation- Nabisco was so open in its 1901 annual report about discussing its efforts to monopolize the cracker (biscuit) industry because there were no antitrust laws in 1901 that pertained to manufacturing firms. In other words, Nabisco was so open as Nabisco and other manufactures were not subject to antitrust law in 1901.