Do you agree that the European Union should be able to block mergers between two U.S.-based firms? Why or why not? Some concerns regarding the European Union being able to block mergers between two U.S.-based firms are:

(Select all of the choices that apply.)

A. What is the social good created by antitrust regulation?

B. Do European regulators have a right to regulate firms doing business in Europe, regardless of where those firms are headquartered?

C. All U.S. mergers must get approval of not only the U.S. Justice Department, but also the European Commission.

D. While the European Commission has no direct jurisdiction over the merger of two U.S. companies, it is in the position to impose crippling restrictions on sales inside the European Union.