Asked by
Pablo Machado
on Oct 12, 2024
Verified
Each of the following has been a job of the Federal Trade Commission except
A) being a watchdog against the anticompetitive practices outlawed by the Sherman and Clayton Acts.
B) preventing false and deceptive advertising.
C) approving and disapproving corporate mergers.
D) ensuring that the Sherman Act is not used against labor unions.
Sherman Act
A landmark U.S. antitrust law passed in 1890 that prohibits monopolistic business practices and promotes fair competition.
Clayton Acts
The Clayton Acts are a series of U.S. antitrust laws enacted in 1914 intended to promote competition and prevent monopolies and unfair business practices.
- Recognize the role of government agencies in enforcing antitrust laws and preventing anti-competitive practices.
- Identify the exemptions to antitrust enforcement and their rationales.
Verified Answer
JV
Learning Objectives
- Recognize the role of government agencies in enforcing antitrust laws and preventing anti-competitive practices.
- Identify the exemptions to antitrust enforcement and their rationales.
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