Explicit price fixing was outlawed by the ________ Act.

Question

Quizplus · Accepted Answer

The Sherman Antitrust Act, passed in 1890, outlawed agreements and practices that were viewed as monopolistic and anti-competitive, including explicit price fixing. The Fair Labor Standards Act (A) focused on regulating minimum wage and overtime pay, the Alien and Sedition Acts (B) were a series of laws passed in 1798 that restricted certain freedoms of speech and press, and the Freedom of Information Act (D) is a federal law that allows for the full or partial disclosure of previously unreleased information and documents controlled by the U.S. government. None of these acts specifically addressed price fixing.

Explicit Price Fixing Was Outlawed by the ________ Act