Asked by Barbara silva on Jun 07, 2024
Verified
To prove a violation of monopoly under the Sherman Act,the offending person or company must have done what?
A) Had the intent to monopolize
B) Profited by the actions in question
C) Violated criminal statutes in at least one state
D) Engaged in civil fraud during the course of business
Sherman Act
An antitrust law passed by the United States Congress in 1890 that prohibits monopolistic practices and promotes competition by making it illegal to establish trusts that interfere with free trade.
Violation
The act of breaking or disregarding a law, agreement, or code of conduct.
- Pinpoint and interpret assorted forms of antitrust law violations, covering monopolies, conspiracies, and restrictions on commerce.
Verified Answer
ES
elina sanchez alonsoJun 09, 2024
Final Answer :
A
Explanation :
To prove a violation of section 1 of the Sherman Act,a party must show that there was an intent to monopolize,proof of monopoly power alone is not enough.
Learning Objectives
- Pinpoint and interpret assorted forms of antitrust law violations, covering monopolies, conspiracies, and restrictions on commerce.