Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 19 - Antitrust Policy and Regulation - Discussion Questions - Page 443: 2

Answer

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Work Step by Step

Sherman Law: This states that companies cannot conspire to limit trades and that monopolies are not allowed. Clayton Law: There are many aspects to this, but a key highlight is that it outlaws mergers that would harm competition.
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