Question

Antitrust Laws

Answer 1

Answer:

d) The Clayton Act of 1914 .

Explanation:

• The antitrust laws are federal laws that check and prohibit unlawful or illegal activities by business firms. It comprise of three major antitrust laws namely the Sherman Antitrust Act, the Federal Trade Commission Act and the Clayton Act.
• The Clayton Act of 1914 incorporated in the antitrust laws provide restrictions on unethical activities which may be practiced by businesses. It prohibits price-fixing and control of market by a group of interested individuals.
• One of the most notable provision of this act is that it prohibits arranged dealings, like price fixing, within two or more bus business firms or individuals. This is done in order to ensure that monopoly is not practiced in the market.