If the Largest Software Company in the Industry Merges with Retail

question 60

Multiple Choice

If the largest software company in the industry merges with retail stores and computer makers, such that competition is substantially reduced, it would be in violation of the:

• A) Clayton Act.
• B) Celler-Kefauver Act.
• C) Sherman Antitrust Act.
• D) Federal Trade Commission Act.

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Definitions:

Open Systems

A system is open or closed to the degree that it can exchange information and energy with its environment. A more open system can adapt to environmental changes.

Closed Systems

A system is open or closed to the degree that it can exchange information and energy with its environment. A closed system cannot adapt to environmental changes and is more likely to move toward entropy.

Levels

Different stages or degrees in a hierarchy or process.

Dynamic Function

The ability or process within a system or entity to change or evolve over time in response to external and internal conditions.