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What punishment would a violator of the sherman antitrust act face?
Wiki User
∙ 9y ago
imprisonment not exceeding three years and a fine not exceeding $10,000,000
Wiki User
∙ 9y ago
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Was the Sherman Antitrust act sucsessful?
No because for numerous reasons:The act didn't specify which trusts were considered illegal whether they were "good" or "bad" combinationsThe writing and form of the act has numerous loopholes and vague phrasings that the lawyers from big businesses could exploit and manipulateLabor and craft unions were also made technically made illegal by the wording which was used by the monopolies and their lawyers would use the act against the unions
What would happen if the world did not have marketing?
Hey everyone! Wanna know what would happen if the world did not have marketing? -we would be naked and have no clothes to wear -we would be hungry and have nothing to eat -we would be homeless and cant buy houses of the market -we would be dead because we would not have anything So be thankful and say "THANK YOU MARKETS!" So now you know how the world would be if there was no marketing. Thank you for reading this!
What would you suffer from if you had myopia?
What would you suffer from if you had myopia
Why would your application be considered?
Your application would be considered if you meet the criteria set for candidates. It would also be considered if your resume is well written.
How would you make sure a customer is satisfied?
You would make sure the customer is heard by repeating what they need back to them. You would then solve their problem to the best of your ability.
What punishment would a violator of the Sherman antitrust act?
imprisonment not exceeding three years and a fine not exceeding $10,000,000
What punishment would violator of Sherman antitrust act face?
imprisonment not exceeding three years and a fine not exceeding $10,000,000
What punishment Would a violator the Sherman antitrust act Face?
imprisonment not exceeding three years and a fine not exceeding $10,000,000
What punishment would a violator of the sherman antitrust face?
imprisonment not exceeding three years and a fine not exceeding $10,000,000
What was forbidden by the Sherman Antitrust Act?
It forbade mergers of companies that would result in restraint of trade.
What punishment would violator of the Sherman antitrust act face?
imprisonment not exceeding three years and a fine not exceeding $10,000,000
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 strengthened federal laws against monopolies?
One of the key legislations that strengthened federal laws against monopolies was the Sherman Antitrust Act of 1890. This act aimed to prevent the formation of monopolies or cartels that could restrain trade and limit competition. It prohibited any agreements or actions that would result in the restraint of trade or the monopolization of an industry.
How was the Sherman Antitrust Act used against unions?
The Sherman Antitrust Act was suppose to deal with large trust that held monopolies from various sections. The problem with the Sherman Antitrust Act was that it had actually used to attack unions. Unions fought the monopolies in order to gain more rights for the workers such as better living conditions, higher wages, 8 hour shifts, etc. The Sherman Act outlawed practices that are believed to be harmful to the consumers. Union strikes against railroads, coal, and other industries were stomped on because of this act. The monopolies convinced the American Government that the strikes imposed by the unions were "harmful" to the consumers. Therefore the Sherman Act was a double-edged sword that made the monopolies think more before they act (still the act didn't do that much) and it was used to bring down the unions that fought against the monopolies. The monopolies would be able to weaken unions; thus allowing them to reduce working conditions that allowed them to increase their profits.
Why was antitrust legislation introduced?
These trust agreements would result in a monopoly. To combat this sort of business behavior, Congress passed antitrust legislation.
Which government policy would this cartoonist most likely support?
adopting antitrust laws
In 1914 the Clayton Antitrust Act prevented a merging of corporations that would have intertwined?
boards of directors
