An Allowable Defence for a Merger According to Canada's Competition

question 109

Multiple Choice

An allowable defence for a merger according to Canada's Competition Bureau is that

• A)merged and therefore bigger firms are better placed to compete globally.
• B)larger firms are easier to regulate.
• C)the gains in efficiency resulting from the merger more than offset any reductions in competition.
• D)merging firms find it easier to decide how they will share the market.
• E)merging firms are more profitable because they no longer have to compete with one another.

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Definitions:

Civil Society

The realm of organized social life that is voluntary, not-for-profit, and outside of the government, which can include NGOs, clubs, and other nonprofit entities.

Democratic System

A form of government in which power is vested in the hands of the people, who exercise power directly or through elected representatives.

Corporate Capitalism

An economic and social system where corporate organizations, rather than individuals or governments, control the production and distribution of goods and services.

Wagner Act

A foundational piece of labor legislation in the United States, officially known as the National Labor Relations Act of 1935, which guarantees workers the right to organize into unions and bargain collectively.