Examlex
Under the periodic system, the purchases account is used to accumulate all purchases of merchandise for resale.
Sherman Act
A foundational United States antitrust law passed in 1890, aiming to restrict monopolistic practices and promote market competition.
Interstate Commerce Act
A United States federal law that was designed to regulate the railroad industry and its monopolistic practices by requiring reasonable and just rates, prohibiting rebates, and ensuring fair treatment of railway users.
Wheeler-Lea Act
The federal law of 1938 that amended the Federal Trade Commission Act by prohibiting unfair and deceptive acts or practices of commerce (such as false and misleading advertising and the misrepresentation of products).
Antitrust Laws
Legislation designed to promote competition and prevent monopolies and other practices that restrain trade.
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