U.S. Anti Trust Laws Word Scramble
|
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Question | Answer |
Interstate Commerce Act | created to oversee railroad rates; currently regulates railroads, motor vehicles, and other freight carriers |
Sherman Antitrust Act | prohibit any agreements, contract, or conspiracies that would restrain interstate trade or cause monopolies to form |
Clayton Antitrust Act | clarified and strengthened the Sherman Antitrust Act by prohibiting price discrimination, local price cutting, mergers that reduce competition, and exclusive sales contracts |
Federal Trade Commission Act | created to investigate charges of unfair methods of competition and commerce |
Robinson-Patman Act | protects small retail businesses by prohibiting wholesalers from charging small retailers higher prices than they charged large retailers and by prohibiting large retailers from setting artificially low prices |
Celler-Kefauver Act | amended the Clayton Act to prohibit corporate acquisitions when they substantially decrease competition |
Antitrust Procedures and Penalties Act | increased penalties for violating antitrust laws |
Parens Patriae Act | gives state 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; strengthened federal government's power to investigate antitrust violations |
Created by:
ezekielbaez
Popular Marketing sets