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Ch 16: Business & Antitrust Laws

About This Chapter

This convenient online business chapter is designed to strengthen your understanding of business and antitrust laws. Access these engaging video lessons whenever you need to prepare for an exam, complete an assignment or catch up in class.

Business & Antitrust Laws - Chapter Summary

Use this comprehensive business chapter to learn or review information about business and antitrust law. After examining various types of antitrust law, you'll become familiar with corporate expansions and mergers. You'll also take a look at the Sherman Act and the role of the Federal Trade Commission. We've included short quizzes throughout the chapter to help you evaluate your understanding of these topics. You can study the chapter on any Internet-connected device, or you can print the lesson transcripts to review offline. Our expert instructors are also available to answer any questions you may have. By the end of the chapter, you should be able to:

  • Evaluate different types of antitrust law
  • Explain the purpose of mergers and acquisitions in corporate expansion
  • Differentiate between horizontal, vertical and concentric mergers
  • Identify vertical and horizontal agreements that violate the Sherman Act
  • Recognize the powers, principles and provisions of the Federal Trade Commission

5 Lessons in Chapter 16: Business & Antitrust Laws
Test your knowledge with a 30-question chapter practice test
Antitrust Law: Definition, Types & Outline

1. Antitrust Law: Definition, Types & Outline

Antitrust laws are statutes developed to protect consumers from rapacious business practices by making it illegal for businesses to compete in unfair ways.

Corporate Expansion: Mergers and Acquisitions

2. Corporate Expansion: Mergers and Acquisitions

Corporations can grow in two different ways: through expansion of their current business or through mergers and acquisitions. In this lesson, you'll learn about mergers and acquisitions. A short quiz follows.

Types of Mergers: Horizontal, Vertical & Concentric

3. Types of Mergers: Horizontal, Vertical & Concentric

Mergers are endorsed by the government when they do not a create monopolistic environment, and they provide better prices to consumers. In this lesson, you will learn about the three different types of mergers: horizontal, vertical, and concentric.

Horizontal and Vertical Agreements that Violate the Sherman Act

4. Horizontal and Vertical Agreements that Violate the Sherman Act

There are two types of restrictions under the Sherman Anti-Trust Act. A horizontal agreement between competing businesses includes price fixing, and a vertical agreement between sellers and buyers includes engaging in resale price maintenance. Learn about both types of agreements in this lesson.

Federal Trade Commission: Powers, Principles & Provisions

5. Federal Trade Commission: Powers, Principles & Provisions

Consumers can be preyed upon by unethical businesses. The Federal Trade Commission (FTC) was developed to protect consumers against fraudulent business practices. In this lesson, you'll learn about the powers, principles and provisions of the FTC.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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