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imprisonment not exceeding three years and a fine not exceeding $10,000,000
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In 1914 the Clayton Antitrust Act prevented a merging of corporations that would have intertwined?
boards of directors
What would least characterizes William Tecumseh Sherman?
He was the Union commander at the Battle of Gettysburg.
Why was sherman's march so important to the union victory?
because it would divide Confederacy into two
What role did William t sherman play during the civil war?
He was a pillar of support to Grant in the earlier campaigns, so when Grant became General-in-Chief, he rewarded Sherman with the top job in Tennessee. Later heallowed him to turn East across Georgia, even though it ran directly counter to the official war-plan.ANSWER:The major role Sherman played, and the one the South will never forget is his march from "Atlanta to the Sea." Sherman's march through Georgia began on November 15, 1864, when he left Atlanta in flames. His army, numbering about 62,000 men, would sweep over a 50 mile front across the state, with very little opposition.Advance troops scouted an area. The men that followed stripped houses, barns, and fields and destroyed everything they could not use. Sherman hoped that the horrible destruction would break the South's will to continue the war. Sherman would occupy Savannah, on December 21, 1864.From Savannah, Sherman moved north toward South Carolina. There, on the breeding ground of the Southern independence movement, his army seemed bent on revenge. They burned and looted on a scale even worse than Georgia. When Charleston surrendered, it was spared. Although Sherman tried to prevent it, Columbia, the state capital, was burned. Sherman and his troops would move on to North Carolina, and complete their mission in Virginia.
What is a pilery?
What are now call stockades, where criminals would hang with their arms and head in a wooden block for punishment.
What punishment would a violator of the Sherman antitrust act?
imprisonment not exceeding three years and a fine not exceeding $10,000,000
What punishment would a violator of the sherman antitrust act face?
imprisonment not exceeding three years and a fine not exceeding $10,000,000
What punishment would violator of Sherman antitrust act face?
imprisonment not exceeding three years and a fine not exceeding $10,000,000
What punishment Would a violator the Sherman antitrust act Face?
imprisonment not exceeding three years and a fine not exceeding $10,000,000
What punishment would a violator of the sherman antitrust face?
imprisonment not exceeding three years and a fine not exceeding $10,000,000
What was forbidden by the Sherman Antitrust Act?
It forbade mergers of companies that would result in restraint of trade.
What is Cornelius Vanderbilt's attitude about the Sherman anti-trust act?
Cornelius Vanderbilt did not directly comment on the Sherman Antitrust Act, as he died in 1877, three years before the law was enacted in 1890. However, his business practices, particularly in the railroad and shipping industries, were characterized by aggressive competition and consolidation, which later led to scrutiny under antitrust laws. Given his focus on maximizing profits and expanding his business empire, it is likely that he would have viewed the Sherman Act as a challenge to his business strategies.
What is the purpose of the Sherman Antitrust act?
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)
What strengthened federal laws against monopolies?
One of the key legislations that strengthened federal laws against monopolies was the Sherman Antitrust Act of 1890. This act aimed to prevent the formation of monopolies or cartels that could restrain trade and limit competition. It prohibited any agreements or actions that would result in the restraint of trade or the monopolization of an industry.
How was the Sherman Antitrust Act used against unions?
The Sherman Antitrust Act was suppose to deal with large trust that held monopolies from various sections. The problem with the Sherman Antitrust Act was that it had actually used to attack unions. Unions fought the monopolies in order to gain more rights for the workers such as better living conditions, higher wages, 8 hour shifts, etc. The Sherman Act outlawed practices that are believed to be harmful to the consumers. Union strikes against railroads, coal, and other industries were stomped on because of this act. The monopolies convinced the American Government that the strikes imposed by the unions were "harmful" to the consumers. Therefore the Sherman Act was a double-edged sword that made the monopolies think more before they act (still the act didn't do that much) and it was used to bring down the unions that fought against the monopolies. The monopolies would be able to weaken unions; thus allowing them to reduce working conditions that allowed them to increase their profits.
Why was antitrust legislation introduced?
These trust agreements would result in a monopoly. To combat this sort of business behavior, Congress passed antitrust legislation.
Which 1914 law prohibited corporations from acquiring the stock of another corporation if doing so would create a monopoly?
The law you are referring to is the Clayton Antitrust Act of 1914. This legislation aimed to prevent anti-competitive practices by prohibiting corporate acquisitions that would substantially lessen competition or create a monopoly. It strengthened the earlier Sherman Antitrust Act and provided more specific guidelines on anti-competitive behaviors. The Clayton Act also addressed issues related to price discrimination and exclusive contracts.
