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Microeconomics
Essay specific features
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Written by:
Gary J
Date added:
April 4, 2012
Level:
University
Grade:
A
No of pages / words:
4 / 929
Was viewed:
1041 times
Rating of current essay:
Essay content:
The first section in the Sherman Antitrust Act declared that “Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among several States, or with foreign nations, is hereby illegal.” The second section summed up the punishment that would be enforced if businesses violated the first section...
displayed 300 characters
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The Clayton Act was solid, but the FTC Act was too
Friend 2
broad and ineffective for about 20 years. In this case “Trail and Error” was the concept for perfecting and molding the FTC Act.
Over the years there were many cases that challenged the Antitrust Laws and the government regulated and even took businesses to trial...
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