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The primary source of antitrust laws in the United States is the Sherman Antitrust Act, enacted in 1890. It prohibits anticompetitive practices and monopolies that could harm consumers and competition in the marketplace. Subsequent legislation, such as the Clayton Antitrust Act and the Federal Trade Commission Act, further expanded on these principles.

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1y ago

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Are statutes considered a primary source of law?

Yes, statutes are considered a primary source of law as they are laws created and enacted by a legislative body. They can establish rules, regulations, and standards that must be followed within a particular jurisdiction.


Which government entity is charged with investigating and enforcing antitrust laws?

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.


What was the purpose of the Clayton Antitrust Act 1914?

the provent monopkt


What new stronger anti-trust law was passed under wilson?

The Clayton Antitrust Act was passed under Wilson's administration. It aimed to strengthen existing antitrust laws by prohibiting anticompetitive behaviors such as price discrimination, mergers that lessen competition, and interlocking directorates.


What was a difference between the shermen and clayton antitrust acts?

The Sherman Antitrust Act was passed in 1890 to prevent monopolies and business practices that restricted competition, while the Clayton Antitrust Act of 1914 further strengthened antitrust laws by prohibiting certain anticompetitive practices like price discrimination and exclusive dealing. Essentially, the Clayton Act provided more specific guidelines and expanded on the principles established by the Sherman Act.