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U.S. Anti-Trust Laws

QuestionAnswer
Interstate Commerce Act to oversee railroad rates; currently regulates railroads, motor vehicles, and other freight carriers.
Sherman AntiTrust Act prohibits any agreements, contracts, or conspiracies that would restaininterstate trade or cause monopolies to form.
Clayton AntiTrust Act clarified and strengthened the antitrust laws. It outlawed interlocking directorates, exempted labor unions from antitrust laws, and limited the use of injunctions in labor disputes.
Federal Trade Commission Act investigated and reported on corporate behavior and could issue cease-and-desist orders against unfair trade practices.
Robinson-Patman Act forbade any person or firm engaged in interstate commerce to discriminate in price to different purchasers of the same commodity when the effect would be to lessen competition or to create a monopoly.
Celler-Kefauver Act passed to close a loophole regarding certain asset acquisitions and acquisitions involving firms that were not direct competitors.
AntiTrust Procedures and Penalties Act increased penalties for violating antitrust laws.
Parens Patriae Act to intervene against an abusive or negligent parent, legal guardian or informal caretaker, and to act as the parent of any child or individual who is in need of protection.
Created by: hallahan31
 

 



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