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A company buying another company to eliminate it as competition

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Wiki User

7y ago

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The Sherman Act prohibits activities that restrict interstate commerce and competition in the marketplace. It also prohibits monopolization or attempts at monopolizing any aspect of interstate trade or commerce.
It prohibited specific means of anticompetitive conduct. The Act was aimed at regulating businesses. However, its application was not limited to the commercial side of business. It's prohibition of the cartel was also interpreted to make illegal many labor union activities. This is because unions were characterized as cartels.

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Jimmy Hoeger

Lvl 13
3y ago
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A company buying another company to eliminate it as competition.

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Cheryl Beard

Lvl 10
4y ago
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A company buying another company to eliminate it as competition

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Ming Chen

Lvl 5
3y ago
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