When Is a Monopoly Illegal Under the Sherman Act

question 20

Multiple Choice

When is a monopoly illegal under the Sherman Act?

• A) A monopoly is illegal when it has horizontal restraints.
• B) A monopoly is illegal when it is acquired or maintained through prohibited means.
• C) All monopolies are illegal under the Sherman Act.
• D) The Sherman Act does not address monopolies.

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Definitions:

Personal Values

The set of principles or standards of behavior that an individual considers important in their life.

IBM

International Business Machines Corporation, an American multinational technology and consulting company known for its hardware, software, and IT services.

Core Values

Fundamental beliefs or guiding principles that dictate behavior and action within an organization or individual life.

Full-Swing Values

A concept used to describe the strength of one’s values; full-swing values are known, cherished, declared, acted upon, and acted upon habitually.