Reading 33: Mergers and Acquisitions-LOS g 习题精选 class, div, border, center, style

土豆妮

Session 9: Corporate Finance: Financing and Control Issues
Reading 33: Mergers and Acquisitions

LOS g: Summarize U.S. antitrust legislation.

 

 

The first major piece of U.S. antitrust legislation was enacted in:

A) 1876.

B) 1890.

C) 1914.

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The first major piece of U.S. antitrust legislation, the Sherman Antitrust Act, was enacted in 1890.

土豆妮

The U.S. federal governmental regulatory agency that reviews and approves mergers is called the:

A) Federal Trade Commission.

B) Department of Justice.

C) Securities and Exchange Commission.

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In the U.S., the Federal Trade Commission is the regulatory agency that reviews and approves mergers. The Department of Justice also reviews and approves mergers, but it is a branch of government, not a regulatory agency.

土豆妮

Which of the following statements regarding the Celler-Kefauver Act is least accurate? The Celler-Kefauver Act:

A) was passed to address weaknesses in the Clayton Act.

B) added rules to address vertical and conglomerate mergers.

C) required that all mergers must be approved by the appropriate governmental regulatory agency in advance.

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The Hart-Scott-Rodino Act of 1976 required that all mergers must be approved in advance by the appropriate regulatory agency. Both remaining statements are correct with respect to the Celler-Kefauver Act of 1950.