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President Theodore Roosevelt was very aggressive to enforce the Sherman Antitrust Law passed in 1890. President Roosevelt filed suite against forty-five companies under the Sherman Antitrust Act.
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Did Samuel Gompers support the Clayton Antitrust Act?
no, he said that it was "of paramount importance that labor unions be specifically removed from the application of anti-trust law and that injunction use be defined and regulated".
Which of the following prohibits price discrimination the sherman act the clayton act the federal trade commission act or the full employment and balanced growth act?
The Clayton ActCritics of the Sherman Act, including famous trust-buster President Teddy Roosevelt, felt the ambiguity of the Sherman Act was an impediment to its use and that the United States needed a more detailed law setting out a list of illegal activities. The Clayton ActClayton ActSecond major U.S. antitrust law; prohibits various behaviors leading to a lessening of competition., 15 U.S.C. §§ 12-27, was passed in 1914 and it adds detail to the Sherman Act. The same year, the FTC Act was passed, creating the Federal Trade Commission (FTC)Federal Trade Commission (FTC)Federal government agency that enforces the antitrust laws, along with the U.S. Department of Justice (DOJ), and provides consumer protection., which has authority to enforce the Clayton Act as well as to engage in other consumer protection activities.The Clayton Act does not have criminal penalties, but it does allow for monetary penalties that are three times as large as the damage created by the illegal behavior. Consequently, a firm, motivated by the possibility of obtaining a large damage award, may sue another firm for infringement of the Clayton Act. A plaintiff must be directly harmed to bring such a suit. Thus, customers who paid higher prices or firms that were driven out of business by exclusionary practices are permitted to sue under the Clayton Act. When Archer Daniels Midland raised the price of lysine, pork producers who bought lysine would have standing to sue, but final pork consumers who paid higher prices for pork, but who didn't directly buy lysine, would not.Highlights of the Clayton Act include:Section 2, which prohibits price discrimination that would lessen competitionSection 3, which prohibits exclusionary practices, such as tying, exclusive dealing, and predatory pricing, that lessen competitionSection 7, which prohibits share acquisition or merger that would lessen competition or create a monopoly
De facto segregation is when people are separate in fact but not by?
the answer is law
What is the difference between revealed law and natural law?
Revealed law is given by God explicitly in the Holy Scripture and natural law is discernible by man
What is Negative Law?
Negative Law is based on absolute DOGMA instead of Natural process (try and error). Negative law not recognize revision of the law. It is dogmatic in nature. Positive law is subject of changing for more better and better law. Negative Law is obsolete DOGMA according to their believer usually in religious community.
