The ________ is a federal statute, enacted in 1890, that makes certain restraints of trade and monopolistic acts illegal.
A) Federal Trade Commission Act
B) Robinson-Patman Act
C) Clayton Act
D) Sherman Antitrust Act

Question

Quizplus · Accepted Answer

The Sherman Antitrust Act of 1890 is a federal statute that makes certain restraints of trade and monopolistic acts illegal. The act prohibits agreements or actions that restrict free competition in interstate or foreign trade and commerce. It is the first federal antitrust law and remains an important tool for preventing anticompetitive behavior in the United States.

The ________ Is a Federal Statute, Enacted in 1890, That