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Earn +20 ptsQ: What was the purpose of the Clayton antitrust act?
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What was the major purpose of the sherman antitrust act and the clayton antitrust act?
The Interstate Commerce Commission was to monitor railroad operations. The Sherman Antitrust Act was to break up bad trusts that were affecting the economy. But, it was ineffective because there was no definition as to what a trust or bad trust was. So it was later replaced witht eh Clayton Antitrust Act.
What were two antitrust laws?
There are three major federal antitrust laws: The Sherman Antitrust Act, the Clayton Act and the Federal Trade Commission Act.
How did the Supreme Court limit the scope of the Sherman antitrust act?
The U.S. v. E.C. Knight
How did the Clayton act help regulate the economy?
The Clayton Antitrust Act spelled out what businesses could and could not do.
What act of legislation strengthened the Sherman antitrust act by spelling out the specific activities in which businesses could not engage?
Clayton Antitrust Act
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