The Case of FTC V

question 226

Multiple Choice

The case of FTC v. Proctor & Gamble, where the Supreme Court blocked the merger of Clorox and Proctor & Gamble, even though the companies did not make the same products, is an example of the courts preventing a merger due to:

• A) real competition
• B) geographic competition
• C) potential competition
• D) unfair competition
• E) none of the other choices are correct

---

Definitions:

Compensating Wage Differentials

Wage differences that compensate workers for risk, unpleasant working conditions, and other undesirable nonpecuniary aspects of a job.

Non-pecuniary Job Benefits

Non-pecuniary job benefits are perks or advantages of employment that do not involve direct monetary payment, such as a flexible working schedule or health insurance.

Employment Discrimination

Unfair treatment of employees or job applicants based on race, gender, age, religion, nationality, disability, or sexual orientation instead of job qualifications or performance.

Tournament Pay

A compensation structure where rewards are based on relative performance, often used in settings where output is hard to measure individually.