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Unformatted text preview: Online BUL 4321 Final Exam Review Notes ____ 1. Function of the FTC regarding mergers and acquisitions FTC and U.S. Department of Justice (DOJ) have established guidelines indicating which mergers will be challenged. The FTC was established by the FTC Act of 1914. Section 5 of the act condemns all forms of anticompetitive behavior that are not covered under the other federal antitrust laws. ____ 2. Monopolization and unlawful restraints of interstate commerce. Antitrust Laws: Laws protecting commerce from unlawful restraints. Sherman Act was passed to “protect trade and commerce against unlawful restraints and monopolies.” Its sections consist of: 1. Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce along the several States, or with foreign nations, is hereby declared to be illegal (requires 2+ people; regards an illegal activity as the act of joining together.) 2. Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other...
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- Fall '10
- International Trade, International Monetary Fund, General Agreement on Tariffs and Trade, antitrust laws, unlawful restraints