Asked by
Caroline Kelley
on Dec 13, 2024
Verified
Protecting competition is the primary aim of which of these?
A) Prevention and Enforcement Act
B) Clayton Act
C) Federal Trade Commission Act
D) Fair Trade Act
E) Unfair Practices Act
Preventing Competition
Strategies or actions taken by companies or regulatory bodies to limit competition within a market, which can include monopolistic practices, exclusive agreements, or legal regulations.
Federal Trade Commission Act
United States federal law established in 1914 to prevent unfair competition, deceptive advertising, and monopolies, overseen by the Federal Trade Commission.
Clayton Act
A United States antitrust law enacted to prohibit certain actions that lead to anti-competitiveness, supplementing the Sherman Antitrust Act.
- Learn about the objectives and influences of federal legislation on the competitive landscape of businesses, including the Clayton Act, Sherman Antitrust Act, and Robinson-Patman Act.
- Identify the economic and regulatory forces affecting the marketing environment, including antitrust laws and consumer protection.
Verified Answer
TW
Learning Objectives
- Learn about the objectives and influences of federal legislation on the competitive landscape of businesses, including the Clayton Act, Sherman Antitrust Act, and Robinson-Patman Act.
- Identify the economic and regulatory forces affecting the marketing environment, including antitrust laws and consumer protection.