Interlocking directorates were expressly forbidden under the

A) Sherman Act.
B) Clayton Act.
C) both the Sherman and Clayton Acts.
D) neither the Sherman Act nor the Clayton Act.

Interlocking Directorates

Interlocking directorates occur when members of the board of directors for one company serve on the boards of directors for other companies, potentially leading to conflicts of interest and reduced competition.

Clayton Act

A U.S. antitrust law, passed in 1914, aimed at increasing competition by prohibiting certain actions that lead to anti-competitiveness.

Sherman Act

A foundational antitrust law in the United States designed to prevent monopolistic practices and promote competition.