Asked by
Aishwarya Badoni
on Nov 26, 2024
Verified
The legislation that prohibited "every contract . . . or conspiracy, in restraint of trade and commerce" is the
A) Federal Trade Commission Act.
B) Clayton Act.
C) Celler-Kefauver Act.
D) Sherman Act.
Sherman Act
A foundational United States antitrust law aimed at maintaining competition by prohibiting monopolistic practices.
Restraint Of Trade
Actions or agreements that restrict competition or the free operation of the market, often illegal under antitrust laws.
- Ascertain the historical framework and essential statutes pertaining to antitrust laws in the United States.
- Distinguish between different antitrust acts (e.g., Sherman Act, Clayton Act) and their objectives.
Verified Answer
DT
Learning Objectives
- Ascertain the historical framework and essential statutes pertaining to antitrust laws in the United States.
- Distinguish between different antitrust acts (e.g., Sherman Act, Clayton Act) and their objectives.