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What are the laws that encourage competition in the marketplace called?

antitrust laws =)


What are laws that prevent monopolies called?

Laws that prevent monopolies are called antitrust laws. These regulations are designed to promote competition and prevent unfair business practices that could lead to monopolistic behavior, such as price-fixing or market manipulation. Antitrust laws aim to protect consumers and ensure a fair marketplace by prohibiting practices that restrain trade or reduce competition. In the United States, key examples include the Sherman Act, the Clayton Act, and the Federal Trade Commission Act.


What is the purpose of competition?

To act as a regulating force in the marketplace


What is a marketplace called?

An eastern marketplace is called a "BAZAAR ".


Which of these is the responsibility of the Federal Trade Commission?

regulating competition in the marketplace. -- A+


What is a eastern marketplace called?

An eastern marketplace is called a "BAZAAR ".


Antitrust laws allow the U.S. government to do all of the following except .?

Antitrust laws allow the U.S. government to regulate and enforce laws that promote fair competition in the marketplace. However, antitrust laws do not allow the government to set prices for goods and services.


Why did powerful capitalists form monopolies and trusts?

The government had to pass the anti trust law to restrict trusts and monopolies to protect the value of the consumer dollars. The Anti trust laws help to promote a free and fair trade marketplace competition.


How can consumers use consumer protection laws to protect themselves n the marketplace?

how can consumers use consumer protection laws to prectect themselves in the marketplace


What was a place of assembly or market place?

A marketplace which often was used as a place of assembly was called a forum.A marketplace which often was used as a place of assembly was called a forum.A marketplace which often was used as a place of assembly was called a forum.A marketplace which often was used as a place of assembly was called a forum.A marketplace which often was used as a place of assembly was called a forum.A marketplace which often was used as a place of assembly was called a forum.A marketplace which often was used as a place of assembly was called a forum.A marketplace which often was used as a place of assembly was called a forum.A marketplace which often was used as a place of assembly was called a forum.


Do antitrust laws make the restraint of trade illegal?

Yes, antitrust laws make certain forms of restraint of trade illegal. These laws are designed to promote competition and prevent monopolistic practices that can harm consumers and the economy. Activities such as price-fixing, market allocation, and collusion among competitors are prohibited under these laws to ensure a fair marketplace. Enforcement of antitrust regulations helps maintain healthy competition and protect consumer interests.


The legislation controlling corporation competition practices was called?

The legislation controlling corporate competition practices is primarily embodied in the Sherman Antitrust Act of 1890. This act was designed to prevent monopolistic behaviors and promote fair competition in the marketplace. Additionally, the Clayton Antitrust Act of 1914 and the Federal Trade Commission Act of 1914 further strengthened regulations against anti-competitive practices. Together, these laws form the foundation of antitrust regulation in the United States.