Asked by
Emily Lupercio
on Dec 19, 2024Verified
The Federal Trade Commission
A) is empowered to hold public hearings to investigate unfair practices.
B) prohibits interlocking directorates in interstate industries.
C) regulates airline fares.
D) regulates such transportation industries as railroads and trucking.
Federal Trade Commission
A federal agency established to prevent fraudulent, deceptive, and unfair business practices in the marketplace.
Unfair Practices
Activities or behaviors that are deceptive, unjust, or violate standards of conduct or fairness in business, often subject to legal penalties.
Interlocking Directorates
Occurs when members of a company's board of directors also serve on the boards of one or more other companies, potentially leading to conflicts of interest.
- Recognize laws pertaining to antitrust regulations and understand their effects on business operations.
- Understand the role of government agencies in enforcing antitrust laws and their impact on market competition.
Verified Answer
OG
Learning Objectives
- Recognize laws pertaining to antitrust regulations and understand their effects on business operations.
- Understand the role of government agencies in enforcing antitrust laws and their impact on market competition.