Examlex

Solved

A Group That Is Often Led by a Lay Person

question 11

Multiple Choice

A group that is often led by a lay person or a professional who has experienced the problem that members have is called a:


Definitions:

Standard Oil Case

A 1911 antitrust case in which Standard Oil was found guilty of violating the Sherman Act by illegally monopolizing the petroleum industry. As a remedy the company was divided into several competing firms.

Microsoft Case

A 2002 antitrust case in which Microsoft was found guilty of violating the Sherman Act by engaging in a series of unlawful activities designed to maintain its monopoly in operating systems for personal computers; as a remedy the company was prohibited from engaging in a set of specific anticompetitive business practices.

U.S. Steel Case

The antitrust action brought by the federal government against the U.S. Steel Corporation in which the courts ruled (in 1920) that only unreasonable restraints of trade were illegal and that size and the possession of monopoly power were not by themselves violations of the antitrust laws.

DuPont Cellophane

A branded version of cellophane, originally developed and marketed by the DuPont company, used for packaging and other applications.

Related Questions