Are Mergers and Acquisitions Prohibited by the Competition and Consumer

question 28

Multiple Choice

Are mergers and acquisitions prohibited by the Competition and Consumer Act 1010 (Cth) ?

• A)Yes, both are prohibited.
• B)Acquisitions are, but mergers are not.
• C)Mergers are, but acquisitions are not.
• D)Both are prohibited if they would have the effect of reducing competition in the market.

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Definitions:

Exercise Discretion

involves making decisions based on one's judgment and authority in situations where the rules may allow for flexibility or the application of personal judgment.

Surveillance Of Citizens

The monitoring of behavior, activities, or information of people, typically by governments, for the purpose of influencing, managing, directing, or protecting them.

Ethical Problem

A situation or decision that involves conflicting moral principles or values, requiring ethical judgment.

Use Of Authority

The application or exertion of power and control by individuals in positions of leadership or governance.