Federal Trade Commission
true -morgan :)
true
Sherman Antitrust Act
Standard Oil Company
Sherman Antitrust Act
U.S. Steel Corporation
Antitrust laws can be effective in promoting competition and preventing monopolistic practices, thereby benefiting consumers through lower prices and greater innovation. However, their effectiveness often depends on the enforcement agencies' resources, legal frameworks, and the political will to tackle powerful corporations. In some cases, antitrust actions may be slow or inadequate to address rapidly evolving markets, especially in the tech industry. Overall, while antitrust can serve as a crucial tool for maintaining market fairness, its success varies based on context and implementation.
Federal legislation passed in 1890 prohibiting "monopolies or attempts to monopolize" and "contracts, combinations, or conspiracies in restraint of trade" in interstate and foreign commerce. The major purpose of the Sherman Antitrust Act was to prohibit monopolies and sustain competition so as to protect companies from each other and to protect consumers from unfair business practices. The act was supplemented by the clayton antitrust act in 1914. Both acts are enforced by the Federal Trade Commission (FTC) and the Antitrust Division of the U.S. Attorney General's office. (source: answers.com)
hi
idk
dna
He supported powerful corporations that did business fairly.