Asked by
janette moreno
on Nov 26, 2024Verified
Which one of the following acts declared "every contract, combination . . . or conspiracy, in restraint of trade or commerce among the several states . . . to be illegal"?
A) the Wheeler-Lea Act
B) the Federal Trade Commission Act
C) the Sherman Act
D) the Interstate Commerce Act
Sherman Act
A foundational antitrust law in the United States aimed at prohibiting monopolies and fostering competition among businesses.
Interstate Commerce Act
A regulatory law enacted in the United States in 1887 to address unfair practices in the railroad industry and to regulate interstate commerce.
Federal Trade Commission Act
The federal law of 1914 that established the Federal Trade Commission.
- Assess the historical and legal foundations of antitrust laws and their amendments, including the Sherman Act, Clayton Act, and Celler-Kefauver Act.
Verified Answer
HC
Learning Objectives
- Assess the historical and legal foundations of antitrust laws and their amendments, including the Sherman Act, Clayton Act, and Celler-Kefauver Act.