The ________ prohibits monopolies and activities (price-fixing, predatory pricing) that restrain trade or competition in interstate commerce.
A) Sherman Antitrust Act
B) Lanham Trademark Act
C) Fair Packaging and Labeling Act
D) CAN-SPAM Act
E) Magnuson-Moss Warranty Act

Question

Quizplus · Accepted Answer

The Sherman Antitrust Act is a federal law enacted in 1890 that prohibits monopolies and activities that restrain trade or competition in interstate commerce. The law makes it illegal to engage in price-fixing, predatory pricing, or other anticompetitive practices. The act was designed to promote competition and protect consumers from unfair business practices. It has been used by the US government to prosecute companies engaged in anticompetitive behavior and to break up monopolies in various industries. Therefore, the Sherman Antitrust Act is the best choice among the options listed for the given statement.

The ________ Prohibits Monopolies and Activities (Price-Fixing, Predatory Pricing) That