Which of the following is true?

A) The merger between Exxon and Mobil was subject to antitrust regulation by the U.S.Justice Department,but not by the European Commission.
B) Antitrust today could best be summed up by the 90 percent rule.
C) In the 1950s and 1960s the predominant types of mergers were of the conglomerate variety.
D) When two firms in the same industry form one larger company it is called a vertical merger.

Vertical Merger

A merger between companies in the same industry but at different stages of the production process, aiming to increase synergies and efficiency.

Antitrust Regulation

Laws and policies designed to promote fair competition for the benefit of consumers, by regulating anti-competitive practices and preventing monopolies in industries.

European Commission

An institution of the European Union responsible for proposing legislation, implementing decisions, and managing the day-to-day business of the EU.