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It is The Sherman Antitrust Act:
The Act provides: "Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal". The Act also provides: "Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony." The Act put responsibility upon government attorneys and district courts to pursue and investigate trusts, companies and organizations suspected of violating the Act.
What else can I help you with?
What were two antitrust laws?
There are three major federal antitrust laws: The Sherman Antitrust Act, the Clayton Act and the Federal Trade Commission Act.
How did the Supreme Court limit the scope of the Sherman antitrust act?
The U.S. v. E.C. Knight
What act of legislation strengthened the Sherman antitrust act by spelling out the specific activities in which businesses could not engage?
Clayton Antitrust Act
What was the major purpose of the sherman antitrust act and the clayton antitrust act?
The Interstate Commerce Commission was to monitor railroad operations. The Sherman Antitrust Act was to break up bad trusts that were affecting the economy. But, it was ineffective because there was no definition as to what a trust or bad trust was. So it was later replaced witht eh Clayton Antitrust Act.
What was the goal of the anti trust of 1889?
The goal of the Antitrust Act of 1889, also known as the Sherman Antitrust Act, was to combat anti-competitive practices and monopolistic behaviors in the marketplace. It aimed to promote fair competition by prohibiting contracts, combinations, or conspiracies that restrained trade or commerce. This legislation marked a significant step in regulating corporate monopolies and protecting consumers and small businesses from unfair business practices. Overall, it sought to ensure a free and competitive economy in the United States.
What were two antitrust laws?
There are three major federal antitrust laws: The Sherman Antitrust Act, the Clayton Act and the Federal Trade Commission Act.
How did the Supreme Court limit the scope of the Sherman antitrust act?
The U.S. v. E.C. Knight
Four major antitrust laws?
1. sherman Antitrust act 2. Clayton Antitrust Act 3. Federal trade Commision Act 4. Robinson Patman Act
Antitrust act protecting unions from big business?
Clayton Antitrust Act
What was the difference between the Sherman act and Clayton antitrust acts?
The Clayton Antitrust Act was intended to stop trusts from ever forming.apex=)
What act of legislation strengthened the Sherman antitrust act by spelling out the specific activities in which businesses could not engage?
Clayton Antitrust Act
Which act of legislation strengthened Sherman Antitrust Act by spelling out the specific activities in which business could not engage?
Clayton Antitrust Act.
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.
Which president signed the sherman anti-trust act?
The Sherman antitrust Act was signed under Benjamin Harrison's presidency but wasn't actually used until Theodore Roosevelt's presidency.
What best describes the Sherman Antitrust Act of 1890?
What word best describes the Sherman Antitrust Act of 1890
How did the Clayton antitrust act help regulate the economy?
The Clayton Antitrust Act spelled out what businesses could and could not do.
What exempted the insurance industry from antitrust legislation?
Sherman Antitrust Act of 1890
