In the Political-Legal environment, what are the differences between the three governmental regulation acts that occurred in the Antimonopoly Period?
1-Sherman Antitrust Act. Definition. A federal anti-monopoly and anti-trust statute, passed in 1890
2-The Clayton Act (1914) strengthens the Sherman Act by restricting practices like price discrimination, tying up contracts, interlocking boards of directors. It also amended the Celler-Kefauver Antimerger Act to prohibit major asset purchases that would decrease competition in an industry.
3-Federal Trade Commission Act prohibits unfair methods of competition and established the Federal Trade Commission, which is an administrative agency that investigates business practices and enforces the FTC Act