The ________ is a federal statute,enacted in 1890,that makes certain restraints of trade and monopolistic acts illegal.
A)Federal Trade Commission Act
B)Robinson-Patman Act
C)Clayton Act
D)Sherman Act

Question

Quizplus · Accepted Answer

The Sherman Act is the federal statute enacted in 1890 that makes certain restraints of trade and monopolistic acts illegal. The Federal Trade Commission Act and Robinson-Patman Act were enacted later, in 1914 and 1936 respectively, to further address antitrust issues. The Clayton Act was also enacted later, in 1914, and prohibits certain business practices that may substantially lessen competition.

The ________ Is a Federal Statute,enacted in 1890,that Makes Certain