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Q: true or false? In 1911 the government broke up the Standard Oil Company under the Sherman Antitrust Act. Since then the government has chosen not to excersise its power to break up other monopolies.
A: In 1911 the government broke up the Standard Oil Company under the Sherman Antitrust Act. Since then the government has chosen not to exercise its power to break up other monopolies. [ -is True. ]
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User: true or false? In 1911 the government broke up the Standard Oil Company under the Sherman Antitrust Act. Since then the government has chosen not to excersise its power to break up other monopolies.

Weegy: In 1911 the government broke up the Standard Oil Company under the Sherman Antitrust Act. Since then the government has chosen not to exercise its power to break up other monopolies. [ -is True. ]
emdjay23|Points 3056|

User: Which of the following is true about a merger? a. It is an example of deregulation. c. It is a combination of two or more companies into a single firm. b. It violates the Sherman Anti-Trust Act of 1890. d. It always leads to economic growth.

Weegy: c. It is a combination of two or more companies into a single firm. A merger or acquisition is a combination of two companies where one corporation is completely absorbed by another corporation. [ The less important company loses its identity and becomes part of the more important corporation, which retains its identity. A merger extinguishes the merged corporation, and the surviving corporation assumes all the rights, privileges, and liabilities of the merged corporation. A merger is not the same as a consolidation, in which two corporations lose their separate identities and unite to form a completely new corporation. Mergers appear in three forms, based on the competitive relationships between the merging parties. In a horizontal merger, one firm acquires another firm that produces and sells an identical or similar product in the same geographic area and thereby eliminates competition between the two firms. In a vertical merger, one firm acquires either a customer or a supplier. Conglomerate mergers encompass all other acquisitions, including pure conglomerate transactions where the merging parties have no evident relationship (e.g., when a shoe producer buys an appliance manufacturer), geographic extension mergers, where the buyer makes the same product as the target firm but does so in a different geographic market (e.g., when a baker in Chicago buys a bakery in Miami), and product-extension mergers, where a firm that produces one product buys a firm that makes a different product that requires the application of similar manufacturing or marketing techniques (e.g., when a producer of household detergents buys a producer of liquid bleach). ]
Jagi4more|Points 51|

User: What was the chief effect of the Sherman Antitrust Act? a. The federal government repealed regulations that controlled the airline and trucking industries. b. Microsoft required personal computer manufacturers to include its web browser with the Microsoft Windows operating system. c. John D. Rockefeller formed the Standard Oil Trust as a protected natural monopoly. d. The federal government won the power to prevent monopolies and mergers that interfered with trade between states.

Weegy: d. The federal government won the power to prevent monopolies and mergers that interfered with trade between states. - was the chief effect of the Sherman Antitrust Act.
Expert answered|alfred123|Points 5866|

User: If the government deregulates the airline industry then: a. less competition will be expected c. a perfectly competitive market will exist b. producers will have more control over the price charged for their product d. none of the above

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Asked 1/14/2014 5:32:15 PM
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