Asked by
Sabre Nicole
on Nov 05, 2024
Verified
The biggest problem with the ________ was that it was unclear what specific acts were to be considered "restraints of trade."
A) The FTC Act
B) The Clayton Act
C) Sherman Antitrust Act
D) The Humphrey-Hawkins Act
Sherman Antitrust Act
A landmark federal statute passed in the United States in 1890 that outlawed monopolistic business practices.
Restraints of Trade
Practices or agreements that restrict free competition in business, often scrutinized for legality under antitrust laws.
- Understand the notions related to "trade constraints," monopoly activities, and the legal outcomes associated with breaching antitrust legislation.
Verified Answer
CH
Learning Objectives
- Understand the notions related to "trade constraints," monopoly activities, and the legal outcomes associated with breaching antitrust legislation.