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Monopoly Review

Monopoly review game

QuestionAnswer
Intersate Commerce Act Created the interstate Commerce Commission to oversee railtoad rates; currently regulates railroads, motor vehicles and other freight carreiers
Sherman Antitrust Act Prohibits and agreements, contracts, or comspiracies that would restrain trade or cause monopolies to form
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.
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.
Robinson-Patman Act Amended the Clayton Act to prohibit corporate acquisitions when they substantially decrease competition.
Antitrust Procedures and Penalties Act Increased penalties for violating anti-trust laws
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: Uchie F. Baby