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The Clayton Antitrust Act

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10y ago
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6mo ago

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.

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Q: What strengthened federal laws against monopolies?
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What Was a reform passed during Wilson's presidency?

Strengthened federal civil rights laws


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The answer is true the anti trust act was the first Federal Statute to limit cartels and monopolies.


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In contrast to competitive markets monopolies fail to allocate the resources efficiently. Policy makers in the government thus can respond to the problem on monopoly in many ways.Like for the regulation of mergers the government gets the power from antitrust laws. The antitrust laws are a collection of statutes aimed at curbing monopoly power.American antitrust laws are state and federal laws created to prevent monopolies. Antitrust laws apply to both businesses and individuals. The philosophy behind the laws is that trusts and monopolies can stagnate markets and prevent others from engaging in healthy market competition.


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It was not an association but an act, it was the Clayton antitrust act that made monopolies illegal, the boardgame too, just kidding on the board game part.