The Justice Department Refused to Approve a Merger Between Office

question 88

Multiple Choice

The Justice Department refused to approve a merger between office supplier Staples and office supplier Office Depot,a merger that would have given the two 70% of the office supply store market.Which of the following would be a valid reason for denying the approval for the merger?​

• A)​a market share of 50% from the combined companies
• B)​that no new office suppliers would be able to enter the market
• C)that vertical mergers are per se violations
• D)both b and c

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Definitions:

Accommodation

In psychology, the process by which individuals adjust their mental frameworks to incorporate new information; in eyesight, the eye's ability to focus on objects at various distances.

Assimilation

The cognitive process by which individuals integrate new information into their existing knowledge structures or schemas.

Egocentrism

A cognitive trait where an individual fails to understand that other people can have different perspectives and viewpoints from their own.

Cognitive Development

The process by which individuals acquire and evolve in their problem-solving abilities, memory, language, and understanding of the world.