Which of the Following Is Not One of the Steps

question 7

Multiple Choice

Which of the following is not one of the steps in a three-step test for attempted monopolization under the Sherman Act?

• A) The entity had a demonstrable and specific intent to achieve a monopoly.
• B) The entity acted in an anticompetitive manner designed to injure its competitors.
• C) The entity formed an agreement with others to achieve a monopoly.
• D) There must exist a dangerous probability that monopoly power would in fact be achieved.

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Definitions:

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.

Benefits Vendors

Companies or service providers that offer and manage benefits such as health insurance, retirement plans, and other perks for employees on behalf of employers.

Benefits Costs

The expenses incurred by an organization in providing non-wage compensations such as health insurance, pensions, and paid leave to its employees.

United States

A country located primarily in North America, comprised of 50 states, known for its significant influence on global culture, politics, and economy.