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Heather Econ Matching
The Clayton Antitrust Act of 1914
Clarified and strengthened the Sherman Antitrust Act by prohibiting price discrimination, local prices cutting, mergers that reduce competition, and exclusive sales contracts.
The Interstate Commerce Act of 1887
It Created the INterstate Commerce Commission (ICC) to oversee railroad rates; currently regulates railroads, motor vehicles, and other freight carriers.
The Celler-Kefauver Act of 1936
Amended the Clayton Act to prohibit coporate acquisitiuons when they substantially decrease competition.
The Robinson-Patman Act of 1936
Protects small retail businesses by prohibiting wholesales from charging small retailers higher prices than they charged large retailers and by prohibiting large retailers from setting artificially low prices.
The Sherman Antitrust Act of 1890
It prohibits any agreements, contracts, or conspiracies that would restrain interstate trade or cause monopolies to form.
The Antitrust Procedures and Penalties Act of 1975
Increased penalties for violating antitrust laws.
THe Parens Patriae Act of 1976
Gives states the right to sue companies on behalf of citizens harmed by the company's antitrust violations; requires large companies to notify the government of planned mergers.
The Federal Trade Commission Act of 1914
Created the Federal Trade Commission (FTC) to investigate charges of unfair methods of competition and commerce.
The Clayton Antitrust Act of 1914
Clarified and strengthened the Sherman Antitrust Act by prohibiting price discrimination, local prices cutting, mergers that reduce competition, and exclusive sales contracts.
The Interstate Commerce Act of 1887
It Created the INterstate Commerce Commission (ICC) to oversee railroad rates; currently regulates railroads, motor vehicles, and other freight carriers.
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