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Clayton Act
A U.S. antitrust law, passed in 1914, aimed at preventing anticompetitive practices in their incipiency, including price discrimination, exclusive dealing agreements, and mergers and acquisitions that substantially lessen competition.
Per Se Violation
An action that by its very existence carries with it liability, as opposed to an action that violates a rule of reason.
Sherman Act
A landmark federal statute in antitrust law that prohibits monopolistic practices and promotes competition.
Conglomerate Merger
A merger in which a company merges with another company that is not a competitor or a buyer or seller to the company.
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Q268: Briefly explain the two types of stress