Which of the following is the reason why the Webb Pomerene Act is cited as a criticism of the United States' antitrust laws?
A) because it encourages foreign companies to invest in the United States
B) because it exempts U.S. export associations from compliance with the Sherman Act
C) because it provides tax cuts for subsidiaries of foreign-national companies in the United States
D) because it allows for punitive treble damages to be brought by private plaintiffs

Question

Quizplus · Accepted Answer

The Webb-Pomerene Act exempts U.S. export associations from compliance with the Sherman Act, which is a key U.S. antitrust law. Critics argue that this exemption undermines the effectiveness of U.S. antitrust laws by allowing export associations to engage in anti-competitive behavior without fear of legal repercussions.

Which of the Following Is the Reason Why the Webb