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When using the five-step decision process, which one of the following steps should be done first?
Interlocking Directorates
Interlocking directorates occur when members of a company's board of directors also serve on the boards of other companies, which may lead to conflicts of interest or reduced competition.
Clayton Act
A U.S. law, enacted in 1914, aimed at increasing economic competition and preventing anticompetitive practices in their incipiency.
Federal Trade Commission Act
A landmark piece of legislation passed in 1914 aimed at promoting competition and protecting consumers from anticompetitive practices.
Celler-Kefauver Act
A United States antitrust law passed in 1950 aimed at preventing anti-competitive mergers and acquisitions by closing loopholes in the earlier Sherman Act.
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