Under the Clayton Act,
A) the same person cannot sit on the boards of directors of competing corporations.
B) mergers are illegal.
C) monopoly is illegal.
D) the Sherman Antitrust Act was repealed.

Question

Quizplus · Accepted Answer

The Clayton Act prohibits directors from serving on the boards of competing corporations. It also regulates mergers and prohibits anti-competitive practices by businesses, but it does not make mergers illegal and does not repeal the Sherman Antitrust Act.