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mariarad [96]
3 years ago
12

The Sherman Antitrust ActA. enhanced the ability to enforce cartel agreements.B. was passed to encourage judicial leniency in th

e review of cooperative agreements.C. restricted the ability of competitors to engage in cooperative agreements.D. was concerned with self-interest dominated Nash equilibriums in prisoners' dilemma games.
Business
1 answer:
Alja [10]3 years ago
7 0

Answer: C - Restricted the ability of competitors to engage in cooperative agreements.

Explanation:

The Sherman Antitrust Act was signed in 1890 by President Benjamin Harrison. This was named after a senator, John Sherman, who authored the bill himself.

This act prohibits businesses from;

  • Anticompetitive agreements
  • "Unilateral conduct that monopolizes or attempts to monopolize the relevant market"
  • Innocent monopoly

If any business is caught breaking the Sherman Antitrust law the Department of Justice can file suit against the parties involved. The act is made to protect a competitive marketplace for consumers.

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