Which act sharpened and clarified the provisions of the Sherman Act and sought to outlaw the techniques that firms might use to gain monopoly power?
A) Clayton Act
B) Wheeler-Lea Act
C) Celler-Kefauver Act
D) Federal Trade Commission Act

Question

Quizplus · Accepted Answer

The Clayton Act was passed in 1914 and aimed to strengthen the Sherman Act by specifically prohibiting certain practices, such as price discrimination and exclusive dealing, which firms could use to achieve monopoly power. The act also established new enforcement tools, such as private antitrust lawsuits and the Federal Trade Commission, to monitor and prevent antitrust violations.

Which Act Sharpened and Clarified the Provisions of the Sherman