Interlocking directorates are illegal under the ____ whether or not the effect may be to substantially lessen competition.
A) Clayton Act
B) Robinson-Patman Act
C) Sherman Antitrust Act
D) Federal Trade Commission Act
E) Interstate Commerce Act

Question

Quizplus · Accepted Answer

The Clayton Act specifically addresses and prohibits interlocking directorates, which occur when the same individuals serve on the boards of directors of competing companies, as a measure to prevent anti-competitive practices.

Interlocking Directorates Are Illegal Under the ____ Whether or Not