Asked by Shayla Nguyen on May 27, 2024
Verified
The administrative agency charged with enforcing the provisions of the Clayton Act (1914) was established by additional legislation in the same year. This legislation was the
A) Celler-Kefauver Act.
B) Wheeler-Lea Act.
C) Sherman Act.
D) Federal Trade Commission Act.
Federal Trade Commission Act
A United States law established in 1914 to promote consumer protection and eliminate and prevent anticompetitive business practices.
Clayton Act
A U.S. antitrust law, enacted in 1914, aimed at preventing unfair business practices such as price discrimination, exclusive dealings, and mergers that significantly lessen competition.
- Acquire knowledge of the history and key legislative acts governing antitrust laws in the U.S.
- Differentiate among various antitrust legislations such as the Sherman Act and the Clayton Act, focusing on their respective goals.
- Recognize the duties of various government agencies and legal frameworks in the supervision of antitrust enforcement.
Verified Answer
DV
Dulmi VimangaMay 27, 2024
Final Answer :
D
Explanation :
The Federal Trade Commission Act of 1914 established the Federal Trade Commission (FTC), which is charged with enforcing the provisions of the Clayton Act and other antitrust laws.
Learning Objectives
- Acquire knowledge of the history and key legislative acts governing antitrust laws in the U.S.
- Differentiate among various antitrust legislations such as the Sherman Act and the Clayton Act, focusing on their respective goals.
- Recognize the duties of various government agencies and legal frameworks in the supervision of antitrust enforcement.
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