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Heather Econ Word Scramble

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Category: Question

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Created by: shinnyy13

Question	Answer
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 Antitrust Procedures and Penalties Act of 1975	Increased penalties for violating antitrust laws.
The Celler-Kefauver Act of 1936	Amended the Clayton Act to prohibit coporate acquisitiuons when they substantially decrease competition.
The Sherman Antitrust Act of 1890	It prohibits any agreements, contracts, or conspiracies that would restrain interstate trade or cause monopolies to form.
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 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 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.

Federal	The _____ Trade Commission Act of 1914	1	0	true
Sherman	Clarified and strengthened the _____ Antitrust Act by prohibiting price discrimination, local prices cutting, mergers that reduce competition, and exclusive sales contracts.	2	1	true
Antitrust	The _____ Procedures and Penalties Act of 1975	3	0	true
Amended	_____ the Clayton Act to prohibit coporate acquisitiuons when they substantially decrease competition.	4	1	true
monopolies	It prohibits any agreements, contracts, or conspiracies that would restrain interstate trade or cause _____ to form.	5	1	true
notify	Gives states the right to sue companies on behalf of citizens harmed by the company's antitrust violations; requires large companies to _____ the government of planned mergers.	6	1	true
retailers	Protects small retail businesses by prohibiting wholesales from charging small _____ higher prices than they charged large retailers and by prohibiting large retailers from setting artificially low prices.	7	1	true
oversee	It Created the INterstate Commerce Commission (ICC) to _____ railroad rates; currently regulates railroads, motor vehicles, and other freight carriers.	8	1	true