The 1992 Horizontal Merger Guidelines,as Revised in 1997 and 2010

question 51

Multiple Choice

The 1992 Horizontal Merger Guidelines,as revised in 1997 and 2010:

• A) were issued by the Justice Department to be additional to the FTC's separate guidelines.
• B) require a mechanical application;in order to reduce the previously used analytical framework,which was far too subjective and uncertain.
• C) rejects use of the Herfindahl-Hirschman Index.
• D) deals with mergers of powerful buyers and mergers between competing buyers.

---

Definitions:

Mental Age

Mental age is a measure of an individual's mental aptitude based on their performance on a standardized test, compared to the average performance of others in their age group.

Intelligence Quotient

is a measure of a person's cognitive abilities in relation to others, typically assessed through standardized tests that evaluate various aspects of intelligence.

Chronological Age

The actual age of an individual measured in years from the date of birth.

Mental Set

A frame of mind involving an established way of thinking, which can sometimes inhibit the ability to solve new problems.