Which of the following created an agency to identify anticompetitive practices?

Question

Quizplus · Accepted Answer

The Federal Trade Commission Act created the Federal Trade Commission (FTC) in 1914, which is tasked with identifying and prohibiting anticompetitive practices in the marketplace. The Sherman Act (1890) and the Clayton Act (1914) are antitrust laws that provide legal authority for the FTC to pursue antitrust cases, but they did not create the agency itself. The Federal Reserve Act (1913) established the Federal Reserve System to oversee the nation's monetary policy and banking system, but it does not address antitrust issues.

Which of the Following Created an Agency to Identify Anticompetitive