Learning Path
Question & Answer
Choose the Best Answer
Price Fixing
Trade Union
Market Competition
Corporate Merger
Understanding the Answer
Let's break down why this is correct
The Clayton Act was created to protect competition. Other options are incorrect because Price fixing is one specific practice the Act tackles, but the question asks for the broader concept, not a single tactic; Trade unions deal with workers, not market competition.
Key Concepts
Sherman Antitrust Act
medium level question
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Deep Dive: Sherman Antitrust Act
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Definition
The Sherman Antitrust Act was a landmark legislation in the late 19th century aimed at curbing the growth of monopolies and trusts that were stifling competition in the marketplace. It signaled a shift towards government intervention to promote fair competition and prevent the abuse of economic power by large corporations.
Topic Definition
The Sherman Antitrust Act was a landmark legislation in the late 19th century aimed at curbing the growth of monopolies and trusts that were stifling competition in the marketplace. It signaled a shift towards government intervention to promote fair competition and prevent the abuse of economic power by large corporations.
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