Which of the following laws was enacted to forbid monopolization and attempts to monopolize?
A)The Anti-Monopoly Act
B)The Sherman Antitrust Act
C)The Clayton Antitrust Act
D)The Federal Trade Commission Act
E)The Celler-Kefauver Act

Question

Quizplus · Accepted Answer

The Sherman Antitrust Act, enacted in 1890, was the first federal law to prohibit monopolies and attempts to monopolize through anticompetitive practices. It remains a cornerstone of US antitrust law. The other options listed also address antitrust concerns but focus on specific aspects such as mergers (Celler-Kefauver Act) and deceptive trade practices (Federal Trade Commission Act).

Which of the Following Laws Was Enacted to Forbid Monopolization