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Sublight2097 Sublight2097
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9 years ago
The economist George Stigler offered support for the Sherman Act when he said
A) competition can only be preserved by protecting competitors from cutthroat competition.
B) conglomerate mergers could not be prevented or regulated if it were not for the Sherman Act's prohibition of combinations in restraint of trade.
C) predatory pricing costs businesses more than it saves consumers.
D) the ghost of Senator Sherman is an ex officio member of the board of directors of every large company.
E) the Sherman Act is essential if the Clayton act is to be enforceable in any way.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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9 years ago
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Sublight2097 Author
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#2
8 years ago
Another one in the books, marking it solved.
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#3
8 years ago
You're welcome Happy Dummy
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