Asked by Sayuri Yamane on Jun 21, 2024
Verified
Labor unions became exempt from antitrust enforcement under the ____ Act.
A) Sherman
B) Clayton
C) FTC
Labor Unions
Labor unions are organized groups of workers that aim to protect and advance their members' interests through collective bargaining with employers.
Antitrust Enforcement
The regulation and legal processes initiated by governments to prevent or reduce anti-competitive practices and promote fair competition among firms.
- Familiarize yourself with the significance of major legislative acts in guiding antitrust enforcement and the behavior of businesses.
Verified Answer
TH
Tr?n Hà Minh Ng?cJun 21, 2024
Final Answer :
B
Explanation :
Labor unions became exempt from antitrust enforcement under the Clayton Act, which was passed in 1914. The act specifically included a provision that allowed for peaceful labor union activities and made it legal for unions to strike, picket, and boycott. This exemption gave unions more power and leverage in negotiations with employers, and allowed them to effectively advocate for better working conditions and wages for their members.
Learning Objectives
- Familiarize yourself with the significance of major legislative acts in guiding antitrust enforcement and the behavior of businesses.
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