Term
| Interstate Commerce Act (1887) |
|
Definition
| Oversees railroad rates. Regulates railroads, motor vehicles, and freight carriers. |
|
|
Term
| Sherman Antitrust Act (1890) |
|
Definition
| Prohibits any agreements that would restrain interstate trade or cause monopolies. |
|
|
Term
| Clayton Antitrust Act (1914) |
|
Definition
| Prohibited price discrimination and price cutting. Prohibited mergers that reduce competition and exclusive sales contracts. |
|
|
Term
| Federal Trade Commission Act (1914) |
|
Definition
| Created federal trade commission. |
|
|
Term
| Robinson-Patman Act (1936) |
|
Definition
| prohibits wholesalers from charging smaller retailers higher prices than larger retailers. |
|
|
Term
| Celler-Kefauver Act (1950) |
|
Definition
| Prohibited corporate acquisitions when they decrease competition. |
|
|
Term
| Antitrust and Procedures and Penalties Act (1975) |
|
Definition
| Increased penalties for violating antitrust laws. |
|
|
Term
|
Definition
| States can sue companies on behalf of citizens for antitrust violations. |
|
|
