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Critical Thinking Questions Case 11-2
As the administrative assistant to the owner of a small business that collects and then resells Civil War memorabilia, you are assigned the task of developing a new electronic form to be added to the store's current static website. The purpose of the form is to gather information from potential suppliers and customers.
You decide to include a group of items in a list, so visitors can scroll to select from one or any number of choices. You realize you will need to add a ____ to the form.
FTC
The Federal Trade Commission, a U.S. agency responsible for consumer protection and maintaining competition.
Clayton Act
A U.S. antitrust law, enacted in 1914, aimed at prohibiting certain actions that lead to anti-competitiveness, such as price discrimination, exclusive dealings, and mergers that substantially lessen competition.
Antitrust Violation
An action that contradicts laws established to prevent unfair competition and promote a healthy market environment.
Horizontal Mergers
The combination of two or more companies at the same stage of production in the same or different industries.
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