Question

Question 6 (2 points)

Which one of the following statements is true?

Question 6 options:

	The Clayton Act was the first antitrust law
	The Sherman Act prohibits price discrimination
	The Sherman Act prohibits interlocking directorates
	The Clayton Act prohibits tying contracts

Question 7 (2 points)

Which of the following practices would not be outlawed specifically by the Clayton Act?

Question 7 options:

	A soft drink company agrees to sell its soft drink to a retail outlet only if the store agrees not to stock its competitors' products.
	Competing firms interlocking their boards of directors.
	Conglomerate mergers in which companies in completely unrelated industries are merging together.
	Price discrimination aimed at reducing competition.

Question 8 (2 points)

Trusts or monopolies that engage in restraint of trade or commerce are prohibited by

Question 8 options:

	The Sherman Act
	The Clayton Act
	The Federal Trade Commission Act
	The Patriot Act

Question 9 (2 points)

The most significant outcome of the Sherman Act was

Question 9 options:

	to break-up Standard Oil and American Tobacco’s monopoly control of the oil and tobacco industries.
	to outlaw of price discrimination used by Pepisco
	to punish the railroads for price discrimination

Question 10 (2 points)

Interlocking directorates are prohibited under the

Question 10 options:

	Sherman Act.
	Clayton Act.
	both the Sherman and Clayton Acts.
	neither the Sherman Act nor the Clayton Act.