0
What since 1960 what Act and various antitrust laws were enacted you do not have to worry about super banks monopolizing the market and controlling interest rates?
Mariahhh
bank merger act
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Does fl have an inheritance tax?
No Florida does not have an inheritance tax. Only 11 states do have one enacted. Seventeen states have estate taxes, but Florida is not one of those either.
What budgeting review for the next fiscal year occurs while one FY budget is being executed and the next fiscal year is being enacted?
PPBE
What percentage of your monthly income should go toward your mortgage?
Rule of thumb currently promoted is that you should never spend more than 1/3 of your gross income. 33.3%. But you should be aware that this is far higher than the historic average. Up until 20 years or so ago, the rule of thumb was 25%, and many critics point to this change as one reason so many Americans are over-leveraged._________________________________________The change was made in 1999 under the direction of then President Clinton, the Gramm-Leach-Bliley Act was enacted and signed by Clinton. Prior to this act only 36% of your income could be leveraged by creditors, and only 28% by mortgagers.Afterwards 33.3% could be mortgage debt and 42% total leverage. These relaxed standards and other parts of the act which allowed banks to diversify their loans and investments, and eliminated the 18% maximum interest rate, (put in place after the "stagflation" of the late 1970s) which led to run away credit and interest rates contributing to an overburdened banking and credit crisis, where debtors no longer were able to cover inflating interest rates, which could triple overnight without warning.
Which debt relief programs apply to mortgages?
The The Mortgage Forgiveness Debt Relief Act was enacted by congress to help give relief to American families having trouble paying their mortgages. Research shows that the banks have been slow to work with families as the law outlines they should.
What happens if you do not pay your debt within 7 years will you still be obligated to owe that if it falls off your credit report?
Many consumers assume that the time to collect a debt corresponds with the time the debt remains on the credit report this is not true. Statute of Limitations laws for debts are enacted by states, some concerning open accounts (such as credit cards), can be as short as three years.
What act was enacted in July of 1890?
Sherman Antitrust Act
What was the first antitrust statute enacted by congress?
The Sherman Antitrust Act -Sherman Act, July 2, 1890,
What is the primary source of antitrust laws?
The primary source of antitrust laws in the United States is the Sherman Antitrust Act, enacted in 1890. It prohibits anticompetitive practices and monopolies that could harm consumers and competition in the marketplace. Subsequent legislation, such as the Clayton Antitrust Act and the Federal Trade Commission Act, further expanded on these principles.
This act was enacted in July of 1890 and made combining of businesses to prevent competition illegal?
The Sherman Antitrust Act was enacted in July 1890 and made combining of businesses to prevent competition illegal.
What was a difference between Sherman and Clayton antitrust act?
The Clayton Antitrust Act was intended to stop trusts from ever forming.apex=)
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
What was Robert Sherman's Solution called?
Robert Sherman's solution is called the Sherman Antitrust Act. It was enacted in 1890 and aimed to promote fair competition and prevent monopolies or anticompetitive behavior in the United States.
The outcome of The Clayton Antitrust Act?
The Clayton Antitrust Act was passed in 1914 during Wilson's administration. This act was enacted in the US to add further substance to the US antitrust law regime by seeking to prevent anticompetitive practices in their incipiency. The Clayton act specified particular prohibited conduct, the three level enforcement scheme, the exemptions, and the remedial measures. The Clayton Act was enforced by the Federal Trade Commission, which was also created and empowered during the Wilson presidency. The Clayton Antitrust Act of 1914 reformed and emphasized certain concepts of the Sherman Antitrust Act (1890) which are still active today in a growing interconnected market and merging of the industries.
The act of congress passed during the Wilson administration and it placed further limitations and regulations on corporations?
The Clayton Antitrust Act was passed during the Wilson administration, and placed further limitations and regulations on corporations. It was enacted in 1914.
This Act of Congress was passed during the Wilson administration and it placed further limitations and regulations on corporations?
The Clayton Antitrust Act was passed during the Wilson administration and it placed further limitations and regulations on corporations. It was enacted in 1914.
When was the passage of the Clayton antitrust act?
The Clayton Antitrust Act was enacted by the US Congress October 15, 1914. The final version of the law passed the US Senate on October 5, 1914 and later by the House of Representatives October 8.
Why hipaa was enacted?
why hipaa was enacted
