U.S. Antitrust Legislation Laws
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| show | It Created the INterstate Commerce Commission (ICC) to oversee railroad rates; currently regulates railroads, motor vehicles, and other freight carriers.
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| The Sherman Antitrust Act of 1890 | show 🗑
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| show | Clarified and strengthened the Sherman Antitrust Act by prohibiting price discrimination, local prices cutting, mergers that reduce competition, and exclusive sales contracts.
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| show | Created the Federal Trade Commission (FTC) to investigate charges of unfair methods of competition and commerce.
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| show | 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.
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| show | Amended the Clayton Act to prohibit coporate acquisitiuons when they substantially decrease competition.
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| The Antitrust Procedures and Penalties Act of 1975 | show 🗑
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| show | 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.
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