Antitrust legislation

Antitrust legislation - Antitrustlegislation.

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Antitrust legislation.  The cornerstone of Wilson's antitrust policy was the Federal Trade Commission (1914) which was  intended to control unfair competition in interstate commerce. It was empowered to investigate  individuals and corporations suspected of unfair practices, and it could issue cease-and-desist  orders to stop a company from hindering competition. Already existing antitrust laws were  strengthened with the passage of the Clayton Antitrust Act (1914). It outlawed specific business  practices such as price discrimination, “tying” (an agreement that required a buyer not purchase  products from a competitor of the seller), and the acquisition of stock in a competing company. Of  particular importance given the way antitrust legislation had been interpreted in the past, was the 
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This note was uploaded on 11/19/2011 for the course HIST 1310 taught by Professor Marshall during the Fall '08 term at Texas State.

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