Asked by
Zennia Mahajan
on Nov 21, 2024
Verified
The Sherman Act applies to foreign companies that conduct business that affects U.S. commerce.
Sherman Act
A landmark federal statute in the field of Antitrust Law passed by Congress in 1890, which outlaws monopolistic business practices.
Foreign Companies
Businesses that are incorporated or registered outside of a country’s borders and operate within that country.
U.S. Commerce
Refers to the economic activities and trade within the United States, including transactions of goods and services.
- Recognize the global application of U.S. antitrust laws and their impact on international businesses.
Verified Answer
SL
Learning Objectives
- Recognize the global application of U.S. antitrust laws and their impact on international businesses.