When two or more firms combine or conspire to monopolize trade, they are most directly in violation of the:
A) Clayton Act.
B) Sherman Antitrust Act.
C) Federal Trade Commission Act.
D) Celler-Kefauver Act.

Question

Quizplus · Accepted Answer

The Sherman Antitrust Act prohibits any combination or conspiracy in restraint of trade or monopolization of trade. The Clayton Act and Federal Trade Commission Act also address antitrust issues, but the Sherman Antitrust Act is the most direct and explicit violation in this scenario. The Celler-Kefauver Act primarily focuses on preventing mergers that would substantially lessen competition.

When Two or More Firms Combine or Conspire to Monopolize