Asked by Marcos Urbina on Jul 15, 2024
Verified
The Sherman Antitrust Act of 1890
A) made illegal every conspiracy in restraint of trade or commerce among the several states.
B) made tying contracts illegal.
C) limited mergers that would substantially lessen competition or tend to create a monopoly.
D) banned price discrimination.
Sherman Antitrust Act
A landmark federal statute in the United States passed in 1890 which prohibits certain business activities that federal government regulators deem to be anti-competitive.
- Acquire knowledge about the history and legal principles of antitrust regulations aimed at preventing monopolistic actions.
Verified Answer
SW
Shane WagnerJul 16, 2024
Final Answer :
A
Explanation :
The Sherman Antitrust Act of 1890, specifically aimed at prohibiting anticompetitive practices, made every conspiracy in restraint of trade or commerce among the several states illegal. This was a foundational piece of antitrust legislation in the United States.
Learning Objectives
- Acquire knowledge about the history and legal principles of antitrust regulations aimed at preventing monopolistic actions.
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