Which of the following are true about the Sherman Antitrust Act?
A) Prohibits business combinations that result in monopolies.
B) Prohibits business combinations resulting in a significant increase in the pricing power of a single firm.
C) Makes illegal all contracts unreasonably restraining trade.
D) A and C only
E) A, B, and C

Question

Quizplus · Accepted Answer

The Sherman Antitrust Act prohibits business combinations that result in monopolies or a significant increase in the pricing power of a single firm, and makes illegal all contracts unreasonably restraining trade. Therefore, options A, B, and C are all true statements about the act.

Which of the Following Are True About the Sherman Antitrust