An Allowable Defence for a Merger According to Canada's Competition

question 113

Multiple Choice

An allowable defence for a merger according to Canada's Competition Bureau is that

• A)merging firms find it easier to decide how they will share the market.
• B)merging firms are more profitable because they no longer have to compete with one another.
• C)the gains in efficiency resulting from the merger more than offset any reductions in competition.
• D)merged and therefore bigger firms are better placed to compete globally.
• E)larger firms are easier to regulate.

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Definitions:

ASME

Stands for the American Society of Mechanical Engineers, an organization that develops and publishes standards for engineering materials, products, systems, and services.

American Society

Typically refers to a professional organization or association in the United States dedicated to a specific field or interest.

Mechanical Engineers

Professionals who apply principles of physics and materials science for the design, analysis, manufacturing, and maintenance of mechanical systems.

Diameter

A straight line segment passing through the center of a body or figure, especially a circle or sphere, and terminating at the perimeter or surface.