Which landmark legislation made it illegal to engage in predatory pricing and also prohibited mergers if it led to weakened competition?
A) Sherman Act
B) Robinson-Patman Act
C) Cellar-Kefauver Act
D) Clayton Act

Question

Quizplus · Accepted Answer

The Clayton Act, passed in 1914, made it illegal to engage in predatory pricing and also prohibited mergers if it led to weakened competition. The Sherman Act of 1890 also deals with antitrust laws and prohibits monopolies and conspiracies to restrain trade, but it does not specifically address predatory pricing. The Robinson-Patman Act of 1936 addresses discrimination in pricing but does not cover mergers. The Cellar-Kefauver Act of 1950 strengthened antitrust laws but did not specifically address predatory pricing.

Which Landmark Legislation Made It Illegal to Engage in Predatory