0
Laws which regulate or curtail business monopolies or dominant financial organizations are called anti-trust laws?
Wiki User
∙ 13y ago
The answer is true the anti trust act was the first Federal Statute to limit cartels and monopolies.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
what is antitrust regulation?
Antitrust ~ adj. Opposing or intended to regulate business monopolies, such as trusts or cartels, especially in the interest of promoting competition: antitrustlegislation, antitrust laws
What legislation was designed to limit the power of big business to form monopolies?
Sherman antitrust act
Which practice became an illegal business act according to the Sherman Antitrust Act?
forming monopolies by buying out competitors
Which business organizations were designed to avoid regulations and act as monopolies?
Trusts and cartels were designed to avoid regulations and act as monopolies.
Which law did Congress pass in 1890 to prohibit monopolies and trusts the Dawes Act the Sherman Antitrust Act the Mann-Elkins Act the Pendleton Act?
The Sherman Antitrust Act was passed by Congress in 1890 to prohibit monopolies and trusts, and to promote fair competition in business.
Law of 1890 that attempted to fight monopolies and other abuses by big business?
The Sherman Antitrust Act(not to be confused with The Sherman Antirust Act, which is something Sherman does to keep his outdoor furniture from corroding)
How did passing the sherman antitrust act attempt to reform US business practices in the late 1800s?
They tried to reform it by passing laws that outlawed monopolies and trusts.
What act sought to break up monopolies qwertyuiopasdfghjklzxcvbnm123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869?
The Sherman Antitrust Act sought to break up monopolies. This act is enforced when any one type of business is trying to hold the power over their entire industry.
What is the scope of financial objective of business organizations?
Financial objectives are created to guide managers with their financial decisions. By comparing their decisions to the financial goals of the organizations, the manager can determine whether they are on the right track.
What impact did Theodore Roosevelt's use of the Sherman Antitrust Act have on business?
it destroyed some illegal trusts (monopolies), but it didn't do that much to stop the ever growing number of monpolies and trusts.
What did Theodore Roosevelt use as president to break up monopolies in the business world?
44 with the Sherman Antitrust Act Source: squaredeal.com
What effect antitrust laws have on the consumer and the producer when these laws break up a monopoly?
Anti trust laws keep the consumer safe from unfair business practices such as price setting and monopolies. It keeps the produce honest and providing good business while these laws cannot always break up monopolies they can if proved in court.
