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A company buying another company to eliminate it as competition(Apex)
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When were the first antitrust laws passed in the US?
The Sherman Antitrust Act of 1890, the first and most significant of the U.S. antitrust laws, outlawed trusts and prohibited "illegal" monopolies.
What act made it illegal to form trusts that interfered with free trade?
That is the: Sherman Antitrust Act.
Made it illegal for corporations to interfere with free interstate or international trade?
Sherman Antitrust Act
In 1890, the Sherman Antitrust Act was passed which made it illegal for business firms to combine to prevent competition?
Yes efficiency function. The Sherman Act meant that agreements "in restraint of trade" were illegal.
Which practice became an illegal business act according to the Sherman Antitrust Act?
forming monopolies by buying out competitors
1890 the Sherman Antitrust Act was passed which made it illegal for business firms to combine to prevent competition.?
Efficiency
In 1890 the Sherman Antitrust Act was passed which made it illegal for business firms to combine to prevent competition.?
Efficiency
Who made it illegal for corporations to interfere with free interstate or international trade?
The Sherman Antitrust Act made it illegal for corporations to interfere with free interstate or international trade.
What did the Sherman Antitrust Act make illegal in 1890?
The Sherman Anti-Trust Act, passed in 1890, made it illegal for businesses to combine t create monopolies. Monopolies prevented competition and drove prices up for consumers.
What did the Clayton Act add to the Sherman Antitrust Act?
The Clayton Act made certain practices illegal when their effect was to lessen competition or to create a monopoly.
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 law made it illegal for corporations or trusts to interfere with free interstate or international trade?
The Sherman Antitrust Act made it illegal for corporations or trusts to interfere with free interstate or international trade.
