True or False (No explanations needed, only True or False answers). 1. When considering the legality...
True or False (No explanations needed, only True or False answers).
1. When considering the legality of a horizontal
merger, U.S. antitrust agencies tend to emphasize the importance of
consumer surplus rather than total surplus.
2. Typically, antitrust agencies closely examine vertical mergers
and horizontal mergers receive much less scrutiny.
3. It is possible for a horizontal merger to increase the total
sirplus in the market.
4. Foreign firms and foreign citizens are exempt from U.S.
antitrust laws.
5. The Antitrust Division of the Department of Justice enforce
antitrust laes through both civil and criminal suits.
6. If a software company charges different prices for its product
in different areas of the United States, under United States
antitrust laws, this agreement is illegal per se.
Homework Answers
1. It is true that while considering the legality of a horizontal merger, U.S. antitrust agencies tend to emphasize the importance of consumer surplus rather than total surplus.
2. Typically, antitrust agencies closely examine vertical mergers and horizontal mergers receive much less scrutiny. It is correct.
3. Yes it is possible for a horizontal merger to increase the total surplus in the market.
4. It is false that Foreign firms and foreign citizens are exempt from U.S. antitrust laws.
5. The Antitrust Division of the Department of Justice enforce antitrust laws through both civil and criminal suits. It is correct.
6. If a software company charges different prices for its product in different areas of the United States, under United States antitrust laws, this agreement is illegal per se. It is false , it is unlawful but not illegal per se.
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