#1
Which of the following is NOT considered an antitrust violation?
Price-fixing agreements among competitors
Tying arrangements that force customers to purchase unwanted products
Monopolizing a market through superior innovation and competition
Bid rigging in public procurement processes
#2
What is the main objective of antitrust laws?
To encourage fair competition and prevent monopolistic practices
To restrict international trade
To promote collusion among competitors
To eliminate small businesses
#3
What is the term used to describe a situation where a single company dominates an entire industry?
Monopoly
Oligopoly
Cartel
Trust
#4
What is the term for a company that holds a dominant position or monopoly in its market?
Cartel
Trust
Oligopoly
Market leader
#5
Which of the following is NOT a type of antitrust violation?
Monopolization
Predatory pricing
Price discrimination
Market segmentation
#6
What is the term for a situation where a company has exclusive control over the production of a certain good or service?
Monopoly
Oligopoly
Monopsony
Cartel
#7
Which antitrust case resulted in the breakup of the Standard Oil Company?
United States v. Microsoft Corp.
United States v. Paramount Pictures, Inc.
United States v. Apple Inc.
Standard Oil Co. of New Jersey v. United States
#8
What is the Sherman Antitrust Act of 1890 aimed to prevent?
Price discrimination
Unfair labor practices
Monopolistic behavior
Insider trading
#9
Which of the following is an example of a horizontal restraint of trade?
A manufacturer setting minimum resale prices for its products
An agreement between competitors to allocate customers
A manufacturer requiring retailers to exclusively sell its products
A company acquiring its supplier to ensure a steady supply of materials
#10
Which landmark antitrust case involved the breakup of AT&T's telecommunications monopoly?
United States v. Microsoft Corp.
United States v. Paramount Pictures, Inc.
United States v. Apple Inc.
United States v. AT&T
#11
Which antitrust legislation primarily addresses issues related to mergers and acquisitions?
Clayton Antitrust Act
Sherman Antitrust Act
Federal Trade Commission Act
Robinson-Patman Act
#12
What is the term for a market structure in which there are only a few firms dominating the market?
Monopoly
Oligopoly
Monopsony
Perfect competition
#13
What agency is responsible for enforcing federal antitrust laws in the United States?
Federal Trade Commission (FTC)
Department of Justice (DOJ)
Securities and Exchange Commission (SEC)
Consumer Financial Protection Bureau (CFPB)
#14
What is the term for a practice where a company sells the same product at different prices to different buyers?
Predatory pricing
Price discrimination
Bid rigging
Market segmentation
#15
What agency is responsible for reviewing mergers and acquisitions to ensure compliance with antitrust laws in the United States?
Federal Trade Commission (FTC)
Department of Justice (DOJ)
Securities and Exchange Commission (SEC)
Consumer Financial Protection Bureau (CFPB)
#16
What is the term for a situation where a company prices its products below cost to drive competitors out of business?
Price discrimination
Predatory pricing
Market segmentation
Tying arrangement
#17
What is the term for a practice where a company acquires its competitors to eliminate competition?
Predatory pricing
Price discrimination
Bid rigging
Merger monopoly