There are three major federal antitrust laws: The Sherman Antitrust Act, the Clayton Act and the Federal Trade Commission Act.
The U.S. v. E.C. Knight
Antitrust ~ adj. Opposing or intended to regulate business monopolies, such as trusts or cartels, especially in the interest of promoting competition: antitrustlegislation, antitrust laws
The main purpose of both the Sherman Antitrust Act and the Clayton Antitrust Act was to promote fair competition and prevent monopolistic practices in the marketplace. The Sherman Act, enacted in 1890, aimed to outlaw all forms of anticompetitive agreements and monopolies. The Clayton Act, passed in 1914, built on the Sherman Act by addressing specific practices like price discrimination and exclusive dealing, providing more detailed regulations to protect consumers and promote fair business practices. Together, these laws sought to foster a competitive economy and safeguard consumer interests.
trusts were another name for monopolies so antitrust policy was were the government intervene to prevent monopolies from forming
In the United States, the main purpose of antitrust legislation is to promote competition in business.
Prevented businesses from limiting competition.
Schools of Thougts Structuralism Functionalism Behaviourism Psychoanalysis Gestalt Humanism Proponents Main Idea Method Used Contribution to the field of Psychology
To restore competition between similar businesses.
The two main proponents in the early days were Nicolas Copernicus and Galileo.
proponents
Antitrust was released on 01/12/2001.
The Production Budget for Antitrust was $30,000,000.
The duration of Antitrust - film - is 1.83 hours.
The Federal Trade Commission (FTC) and the Antitrust Division of the U.S. Department of Justice are the main government entities responsible for investigating and enforcing antitrust laws in the United States. These agencies work to promote fair competition and prevent monopolistic practices that harm consumers and the market.
Samuel K. Abrams has written: 'The 1980 antitrust year' -- subject(s): Antitrust law 'The 1979 antitrust year' -- subject(s): Antitrust law
Plato, Aristotle, Aquinas. For additional supporters of this argument, check the corresponding Wikipedia article.