The FIRST law designed to curb monopoly power in the United States was the _____ Act.

A) Sherman Antitrust
B) Clayton
C) Federal Trade Commission
D) Robinson-Patman

Sherman Antitrust Act

A landmark federal statute in the U.S. passed in 1890 to prohibit monopolistic business practices and ensure competition in the marketplace.

Monopoly Power

The ability of a single seller or firm to control the market price and output of a good or service, due to lack of competition.

United States

A country located in North America, consisting of 50 states and known for its significant influence on global culture, economy, and politics.