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Maru [420]
3 years ago
7

Compare the major antitrust acts of the United States. Specify the intent and purpose of each, and draw conclusions about their

effectiveness.
Business
1 answer:
NeX [460]3 years ago
6 0

The major antitrust acts of the United States include:

  • Sherman Act of 1890
  • Clayton Act of 1914:
  • Federal Trade Commission Act of 1914

Antitrust law refers to the collection of governmental laws that help in the regulation of businesses in order to prevent monopoly and improve competition.

The major antitrust acts include:

  • Sherman Act of 1890: Every form of contract or conspiracy regarding trade restraint was outlawed.

  • Clayton Act of 1914: It was passed by  Congress in 1914. Unethical business practices were outlawed. Monopolies and price-fixing were banned.

  • Federal Trade Commission Act of 1914: It was put into law by President Wilson in order to prevent the unfair method of competition and illegal acts that disrupts commerce.

Read related link on:

brainly.com/question/13457426

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