Which U.S. legislative action specifically prohibits monopolies?
A)Sherman Antitrust Act
B)Federal Trade Act
C)Robison-Patman Act
D)Financial Reform Law
E)Consumer Product Act

Question

Quizplus · Accepted Answer

The Sherman Antitrust Act, enacted in 1890, specifically prohibits monopolies and promotes competition in the marketplace. It prohibits anticompetitive practices, such as price fixing, market division, and monopolization, and allows the federal government to break up companies that engage in such practices. The other options listed address other areas of regulation, but do not specifically target monopolies.

Which U.S. Legislative Action Specifically Prohibits Monopolies