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What is a restrictive practices

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Reference no: EM132414038

U.S. Anti-trust laws are designed to block mergers that would reduce competition. This can be done because the US government must approve mergers. The tricky part is defining when a market is less competitive or "concentrated".

1. First, please explain what a merger is

2. List the three major anti-trust laws and briefly explain what an "anti-trust" law is supposed to do.

3. What is a "restrictive practices".

4. Pick a market that is not very competitive (lots of concentration in a few companies). Why is not as competitive as others.

Reference no: EM132414038

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