The Antitrust Case Against IBM Was Dropped After 13 Years

question 14

Multiple Choice

The antitrust case against IBM was dropped after 13 years of litigation because

• A) the Celler-Kefauver Act was passed and it changed the relevant antitrust rules.
• B) IBM proved that the firm did not commit bad acts.
• C) antitrust laws shifted from a rule of reason to a per se rule.
• D) new companies began competing in the market and the political environment changed to a less restrictive interpretation of antitrust laws.

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Definitions:

Past Three Years

A time frame referring to the last three consecutive years leading up to the current date.

Age Group

A classification of people based on their age, often used in research and marketing to target specific demographic segments.

Over 45

Referring to individuals or entities that are more than 45 years old or to quantities greater than 45 in number.

Probability Assignment Rule

A principle that assigns probabilities to outcomes of a random experiment, ensuring the sum of the probabilities equals one.