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Economi

Economics

QuestionAnswer
1887 Intersatate commerce act During the 1870s, many Americans (particularly farmers) began to resent the apparent stranglehold the railroads exerted over many parts of the country. However, the postwar presidents and many in Congress resisted intervention in economic matters.
1890 Sherman Antitrust act the United States Federal government to investigate and pursue trusts, companies, and organizations suspected of violating the Act. It was the first Federal statute to limit cartels and monopo
1914 Clayton Antitrust Act was enacted in the United States to add further substance to the U.S. antitrust law regime by seeking to prevent anticompetitive practices in their incipiency. That regime started with the Sherman Antitrust Act of 1890, the first Federal law outlawing pra
1914 Federal Trade Commission Act a bipartisan body of five members appointed by the President of the United States for seven year terms. This Commission was authorized to issue Cease and Desist orders to large corporations to curb unfair trade practices. This Act also gave more flexibili
1936 Robinson-Parman Act federal amendment to the clayton act that prohibited specific forms of price discrimination not adequately addressed by the Clayton Act. Large volume buyers who might use their buying power to extract special deals, including quantity discounts, free prom
1950 Celler-Kefauver Act passed in 1950 that reformed and strengthened the Clayton Antitrust Act of 1914 which had amended the Sherman Antitrust Act of 1890. The Celler-Kefauver Act was passed to close a loophole regarding certain asset acquisitions and acquisitions involving fir
1976 parens patriae act it refers to the public policy power of the state 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: kanevgiberson
 

 
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