Interlocking Directorates Refers to a Situation Where

question 61

Multiple Choice

Interlocking directorates refers to a situation where

• A)a director of one firm is also a board member of a competing firm.
• B)members of the board of directors of a firm could not agree on a clear strategy for the firm.
• C)competing firms have separate and different members in their boards.
• D)a company's board splits into two rival camps locked in constant struggle.

---

Definitions:

Sherman Act

A foundational antitrust law passed by the U.S. Congress in 1890 aimed at preventing monopolies and promoting competition in business.

Concerted Activity

Activities undertaken jointly by employees for the purpose of collective bargaining or other mutual aid or protection regarding workplace conditions.

Antitrust Jurisdiction

The legal authority granted to courts or regulatory bodies to oversee, enforce, and regulate laws that promote competition and prevent monopolistic practices.

Federal

Federal refers to the central or national government and its functions, laws, and powers within a country, as distinguished from state, provincial, or local governments.