CFA Practice Question

There are 86 practice questions for this study session.

CFA Practice Question

Which antitrust act required that the FTC and Department of Justice have the opportunity to review and approve mergers in advance?
A. The Sherman Antitrust Act.
B. The Celler-Kefauver Act.
C. The Hart-Scott-Rodino Act.
Explanation: Prior to the passage of this act in 1976, a merged company had to be dissembled after the fact if the merger was considered to be anticompetitive.

User Contributed Comments 4

User Comment
LloydBraun7 Not quite sure how memorizing details of Antitrust acts will make me a better analyst...
dream007 ditto
LyncKidd When a report comes our that a company has filed an HDR Pre-acquisition notification, those analysts knowing what it means and the finer details of it will be able to profit while you're frantically Googling. Ironically, happened to me today for a personal investment and that's the only reason I got this correct.
bruno5104 Is that really important for the exam
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