Question 1 A key passage of the __________ Act stated that every contract combination in form of trust or otherwise in restraint of commerce among the several states or with foreign nations is hereby declared illegal. A. Clayton B. FTC C. DuPont D. Sherman Question 2 The Microsoft case ended with a(n): A. clear-cut win for the federal government. B. compromise settlement between Microsoft and the federal government. C. guilty plea by Microsoft but no breakup of the company. D. abandonment of the case by the federal government. Question 3 In the 1960s about 80% of the mergers were of the __________ variety. A. horizontal B. vertical C. conglomerate D. conventional Question 4 Each of the following industries was deregulated during the last 30 years EXCEPT: A. the airlines. B. trucking. C. banking. D. radio and TV.
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