Question 1
The Antitrust Division of the Justice Department
◦ is composed of five members appointed by the president and confirmed by the Senate for terms of 7 years.
◦ can issue cease‐and‐desist orders to offenders.
◦ has established a set of trade regulations that make clear what practices it deems unfair and subject to action.
◦ initiates action against those who violate antitrust laws and decides which cases to prosecute.
Question 2
The ________ is(are) empowered to impose a number of ________ if it(they) find(s) that antitrust law has been violated.
◦ Antitrust Division of the Justice Department; fines
◦ Interstate Commerce Commission; fines
◦ courts; remedies
◦ Federal Trade Commission; remedies