The Sherman Antitrust Act
A)enhanced the ability to enforce cartel agreements.
B)does not allow executives of competing companies to break agreements they made with one another.
C)was passed in 1946.
D)prohibits price-fixing in the sense that competing executives cannot even talk about fixing prices.

Question

Quizplus · Accepted Answer

The Sherman Antitrust Act, passed in 1890, was designed to combat anti-competitive practices, such as price-fixing, by making it illegal for competitors to make agreements on prices or market divisions.