Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which of the following is a reason firms might reduce competition?
Which of the following is a reason firms might reduce competition?
- To improve consumer choice
- To enhance market efficiency
- To maintain high prices (correct)
- To increase innovation
European competition law prohibits agreements that reduce competition.
European competition law prohibits agreements that reduce competition.
True (A)
Which of the following is NOT a relevant type of merger for competition policy?
Which of the following is NOT a relevant type of merger for competition policy?
- Conglomerate merger
- Transnational merger (correct)
- Vertical merger
- Horizontal merger
A merger between two companies that operate at different stages of the supply chain is called a ______ merger.
A merger between two companies that operate at different stages of the supply chain is called a ______ merger.
Signup and view all the answers
What is the primary goal of merger control in the EU?
What is the primary goal of merger control in the EU?
Signup and view all the answers
What is a hypothetical monopoly test used for?
What is a hypothetical monopoly test used for?
Signup and view all the answers
The Herfindahl-Hirschman index is a measure of market concentration.
The Herfindahl-Hirschman index is a measure of market concentration.
Signup and view all the answers
Which of the following is a potential effect of a merger?
Which of the following is a potential effect of a merger?
Signup and view all the answers
Which article of TFEU prohibits dominant position abuses?
Which article of TFEU prohibits dominant position abuses?
Signup and view all the answers
Match the following definitions with their corresponding terms:
Match the following definitions with their corresponding terms:
Signup and view all the answers
