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What was the purpose of the Federal Trade Commission and Clayton Antitrust Act?
Wiki User
∙ 10y ago
The Federal Trade Commission (FTC) is an independent agency of the United States government, established in 1914 by the Federal Trade Commission Act. Its principal mission is the promotion of "consumer protection" and the elimination and prevention of what regulators perceive to be "anti-competitive" business practices.
Wiki User
∙ 16y ago
Wiki User
∙ 11y agoTo promote trade between the states and make it illegal for states to prevent trade between themselves.
Wiki User
∙ 11y agoto prohibit unfair methods, acts, and practices
Wiki User
∙ 10y agoRegulate and control large corporations (OdysseyWare)
Wiki User
∙ 13y agoPassed in 1914, the Federal Trade Commission Act provided that "unfair methods of competition in or affecting commerce are hereby declared unlawful."
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What was the purpose of the Clayton antitrust act?
the provent monopkt
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 was the purpose of federal communications commission?
TO license and regulate radio and tevelsion
What is the purpose of the Sherman Antitrust act?
Federal legislation passed in 1890 prohibiting "monopolies or attempts to monopolize" and "contracts, combinations, or conspiracies in restraint of trade" in interstate and foreign commerce. The major purpose of the Sherman Antitrust Act was to prohibit monopolies and sustain competition so as to protect companies from each other and to protect consumers from unfair business practices. The act was supplemented by the clayton antitrust act in 1914. Both acts are enforced by the Federal Trade Commission (FTC) and the Antitrust Division of the U.S. Attorney General's office. (source: answers.com)
What was the purpose of the Sherman Anti trust and clayton Anti Trust Acts?
the provent monopkt
What was the purpose of the Clayton antitrust act?
the provent monopkt
What was the purpose of the Clayton Antitrust Act 1914?
the provent monopkt
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 was purpose of federal communications commission?
TO license and regulate radio and tevelsion
What was the purpose of federal communications commission?
TO license and regulate radio and tevelsion
What are Antitrust Laws?
The general purpose of both state and federal antitrust laws been enacted primarily for the purpose of maintaining a competitive and fair market place. The Competition Act is the Canadian law,has the same function The purpose of this Act is to maintain and encourage competition in Canada in order to promote the efficiency and adaptability of the Canadian economy
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 is the purpose of both deregulation and antitrust laws?
to promote competition
Which statement best explains the purpose of the Federal Deposit Insurance Commission (FDIC)?
to ensure that banks do not fail during an economic crisis
What the is the purpose of federal antitrust laws?
They speed up the flow of capital and wages, and preserve competition among business firms.preserving competition among buisness firmsgood luck on study island lol :-)
What is the purpose of antitrust laws and regulations?
Ensure markets operate competitively.
What is the purpose of the Sherman Antitrust act?
Federal legislation passed in 1890 prohibiting "monopolies or attempts to monopolize" and "contracts, combinations, or conspiracies in restraint of trade" in interstate and foreign commerce. The major purpose of the Sherman Antitrust Act was to prohibit monopolies and sustain competition so as to protect companies from each other and to protect consumers from unfair business practices. The act was supplemented by the clayton antitrust act in 1914. Both acts are enforced by the Federal Trade Commission (FTC) and the Antitrust Division of the U.S. Attorney General's office. (source: answers.com)
