"Knowledge speaks, but wisdom listens." - Jimi Hendrix

"Obstacles are those scary things you see when you take your eyes off the goal." - Henry Ford

Tuesday, March 1, 2011

Anti-Trust Acts



Sherman Anti-Trust Act (1890) - After pressure from the people, Congress passed the Sherman Anti-Trust Act which forbade combinations in restarint of trade but was largely unsuccessful because it left loopholes.














Clayton Anti-Trust Act of 1914 - Lengthened the list of buisiness practices deemed objectionable like price discrimination and interlocking directorates. It also sought to exempt labor and agricultural organizations from anit-trust prosecution and legalized picketing and strikes.

0 comments:

Post a Comment