Examlex
Identify and give the historical significance of each of the following terms, events, and people in a paragraph or two.
-Subprime mortgage
Clayton Antitrust Act
A piece of legislation passed in the United States in 1914 aimed at preventing anti-competitive practices in their incipiency, specifically addressing issues of price discrimination, exclusive dealing agreements, and mergers and acquisitions that could potentially lead to monopolies.
Wheeler-Lea Act
An amendment to the Federal Trade Commission Act in the United States, focusing on protecting consumers from deceptive and unfair business practices.
Sherman Antitrust Act
A foundational United States antitrust law passed in 1890 that prohibits monopolistic business practices, aiming to promote fair competition for the benefit of consumers.
Robinson-Patman Act
The Robinson-Patman Act is a United States federal law that prohibits anticompetitive practices by producers, specifically price discrimination.
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