These trust agreements would result in a monopoly. To combat this sort of business behavior, Congress passed antitrust legislation.
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Clayton Antitrust Act
Major legislation in this realm includes the Sherman Act of the 1890s, the Clayton Act of 1914, and the Cellar-Kefauver Act of 1950. The Robinson-Patman Act prohibits manufacturers from discriminating against small retailers in favor of large chains.
There are three major federal antitrust laws: The Sherman Antitrust Act, the Clayton Act and the Federal Trade Commission Act.
1887: The Interstate Commerce Act which attacked monopolies and competition. 1890: Sherman Antitrust Act which attacked contracts made between businesses.
Antitrust ~ adj. Opposing or intended to regulate business monopolies, such as trusts or cartels, especially in the interest of promoting competition: antitrustlegislation, antitrust laws
Sherman Antitrust Act of 1890
In the United States, the main purpose of antitrust legislation is to promote competition in business.
Sherman Antitrust Act.
The 1914 Clayton Antitrust Act Labor excluded unions and agricultural cooperatives from antitrust laws
Clayton Antitrust Act.
Clayton Antitrust Act
James H. Sneed has written: 'Antitrust' -- subject(s): Antitrust law, Law and legislation, Medical care
Weakened antitrust legislation
Sherman antitrust act
Sherman Antitrust Act
To restore competition between similar businesses.
John H. Shenefield has written: 'The antitrust laws' -- subject(s): Antitrust law 'Current merger enforcement' -- subject(s): Consolidation and merger of corporations, Law and legislation, Antitrust law