In reference to Section 8 of the Clayton Act,what does the term interlock mean?

A) When the same corporate officers serve in competing corporations
B) When the capital funding of a corporation is from a foreign country
C) When a corporation is incorporated by the federal government instead of the state
D) When competitors are using the same supplier in the same market

Interlock

A situation where members of the board of directors in one company also serve as members of the board in another company, potentially creating conflicts of interest.

Clayton Act

A U.S. legislation enacted in 1914 aimed at preventing anti-competitive practices in their incipiency, including prohibiting mergers and acquisitions that could reduce competition.

Corporate Officers

Executives or high-ranking officials within a corporation who are given authority to make decisions and oversee the day-to-day operations and strategic planning of the company.