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What act of legislation strengthened the Sherman antitrust act by spelling out the specific activities in which businesses could not engage?
Wiki User
∙ 10y ago
Clayton Antitrust Act
Wiki User
∙ 10y ago
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Why was antitrust legislation introduced?
These trust agreements would result in a monopoly. To combat this sort of business behavior, Congress passed antitrust legislation.
What legislation was passed during the gilded age to regulate monopolies and railroads?
1887: The Interstate Commerce Act which attacked monopolies and competition. 1890: Sherman Antitrust Act which attacked contracts made between businesses.
How did the Clayton act help regulate the economy?
The Clayton Antitrust Act spelled out what businesses could and could not do.
What was the major purpose of the sherman antitrust act and the clayton antitrust act?
The Interstate Commerce Commission was to monitor railroad operations. The Sherman Antitrust Act was to break up bad trusts that were affecting the economy. But, it was ineffective because there was no definition as to what a trust or bad trust was. So it was later replaced witht eh Clayton Antitrust Act.
What is the most significant antitrust law in the US?
Major legislation in this realm includes the Sherman Act of the 1890s, the Clayton Act of 1914, and the Cellar-Kefauver Act of 1950. The Robinson-Patman Act prohibits manufacturers from discriminating against small retailers in favor of large chains.
Which act of legislation strengthened Sherman Antitrust Act by spelling out the specific activities in which business could not engage?
Clayton Antitrust Act.
What are the activities in which businesses could not engage?
Clayton Antitrust Act?
What was the main purpose of the antitrust legislation passed by congress?
To restore competition between similar businesses.
Not a reform passed during Wilson's presidency?
Weakened antitrust legislation Strengthened federal civil rights laws The pure Food & Drug Act
What exempted the insurance industry from antitrust legislation?
Sherman Antitrust Act of 1890
In the United States the main purpose of antitrust legislation is to?
In the United States, the main purpose of antitrust legislation is to promote competition in business.
What legislation was used by Roosevelt to file 44 antitrust suits?
Sherman Antitrust Act.
Why was antitrust legislation introduced?
These trust agreements would result in a monopoly. To combat this sort of business behavior, Congress passed antitrust legislation.
Who was the first federal legislation to exempt unions from the antitrust laws was the?
The 1914 Clayton Antitrust Act Labor excluded unions and agricultural cooperatives from antitrust laws
How did the Clayton antitrust act help regulate the economy?
The Clayton Antitrust Act spelled out what businesses could and could not do.
Why are public utilities exempt from antitrust laws?
antitrust laws only apply to businesses. labor unions and most public utilities are not businesses. that's why the post office for example, isn't subject to antitrust laws because technically the post office is not a business. actually labor unions and public utilities are exempt from antitrust laws. Antitrust laws do not only apply to businesses but it also applies to industries as well. The following are exempt from antitrust laws: Labor Unions, Public Utilities - electric, gas, and telephone companies, Professional Baseball, Cooperative activities among U.S. exporters, Hospitals, Public Transit and water systems, Suppliers of military equipment, and Joint publishing arrangements in a single city by two or more newspapers.
What legislation was passed during the gilded age to regulate monopolies and railroads?
1887: The Interstate Commerce Act which attacked monopolies and competition. 1890: Sherman Antitrust Act which attacked contracts made between businesses.
