Which of the following statements is true of the early antimonopoly laws passed in the United States?
A) They excluded the Federal Trade Commission Act and the Clayton Act.
B) They began with the Robinson-Patman Act (1840).
C) They affected the 4Ps and marketing mix planning.
D) They focused more on protecting consumers than protecting competition.
E) They were all intended to limit competition.

Question

Quizplus · Accepted Answer

The early antimonopoly laws passed in the United States include the Federal Trade Commission Act and the Clayton Act. They began with the Sherman Act in 1890. They affect the 4Ps and marketing mix planning and focus more on protecting competition, although over time, have moved toward protecting consumers.

Which of the Following Statements Is True of the Early