how would you expect antitrust authorities to react to: a. a proposed merger of ford and general motors. multiple choice 1 they would allow this horizontal merger, unless both firms had very large market shares and the resultant merger would substantially lessen competition. they would block this horizontal merger because it violates section 1 of the sherman act. they would block this horizontal merger because it violates section 7 of the clayton act. b. evidence of secret meetings by contractors to rig bids for highway construction projects. multiple choice 2 they would allow this. they would charge these firms with price-fixing, which violates section 1 of the sherman act. they would charge these firms with price-fixing, which violates section 7 of the clayton act. c. a proposed merger of a large shoe manufacturer and a chain of retail shoe stores. multiple choice 3 they would block this merger because it violates section 1 of the sherman act. they would allow this vertical merger, unless both firms had very large market shares and the resultant merger would substantially lessen competition. they would block this merger because it violates section 7 of the clayton act. d. a proposed merger of a small life-insurance company and a regional candy manufacturer. multiple choice 4 they would block this conglomerate merger because it violates section 7 of the clayton act. they would allow this conglomerate merger. they would block this conglomerate merger because it violates section 1 of the sherman act. e. an automobile rental firm that charges higher rates for last-minute rentals than for rentals reserved weeks in advance. multiple choice 5 they would not interfere with this price discrimination. they would block this price discrimination because it violates section 7 of the clayton act. they would block this price discrimination because it violates section 1 of the sherman act.