Asked by Brenda Degollado on Jul 21, 2024
Verified
Anticompetitive price discrimination, interlocking directorates, and tying contracts were banned by the
A) Federal Trade Commission Act.
B) Clayton Act.
C) Sherman Act.
D) Celler-Kefauver Act.
Tying Contracts
Agreements where the buyer of a product or service is required to purchase an additional product or service that exists in a separate market.
Anticompetitive Price Discrimination
Pricing strategies by firms that unreasonably differentiate prices among customers or regions to eliminate competition or create a monopoly.
- Achieve an understanding of the statutory tools and enactments designed to curtail monopoly power and encourage a competitive marketplace.
Verified Answer
MS
Mahli ShaykhJul 27, 2024
Final Answer :
B
Explanation :
The Clayton Act, enacted in 1914, specifically addresses these practices by prohibiting anticompetitive price discrimination, interlocking directorates, and tying contracts to prevent unfair competition and monopolies, thereby protecting consumer interests and promoting fair business practices.
Learning Objectives
- Achieve an understanding of the statutory tools and enactments designed to curtail monopoly power and encourage a competitive marketplace.