Who Bought Out Office Depot? Retail office supplies giant Staples Friday said it plans to acquire the consumer-focused business of Office Depot, including the Office Depot and OfficeMax brand names, in a $1 billion deal that would leave Office Depot completely focused on the business-to-business market. Who is Office Depot owned by? On February 4,
How Was A Trust Different From A Pool As A Way To Eliminate Competition? Many companies organized pools to keep prices at a certain level, that is, they tried to keep prices from falling. Some companies formed trusts. A trust is a combination of firms or corporations formed by a legal agreement, especially to reduce
Was A Reason That Roosevelt Sued The Northern Securities Company? In 1902, President Theodore Roosevelt instructed his Justice Department to break up this holding company on the grounds that it was an illegal combination acting in restraint of trade. Using the Sherman Anti-Trust Act, the federal government did so and the Northern Securities Company sued
What Is A Monopoly In SS? noun, plural mo·nop·o·lies. exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. What is a monopoly easy definition? A monopoly is a dominant position of an industry or a sector by one company, to the point of
Do US Antitrust Laws Apply To Foreign Companies? Do US antitrust laws apply to foreign companies? GENERALLY, THE FTAIA PROVIDES THAT THE SHERMAN ACT does not apply to purely foreign activity, but the Sherman Act could apply to partially foreign activity. This article outlines significant considerations to help you understand when U.S. antitrust law reaches