The Clayton Act Is Intended To

question 98

Multiple Choice

The Clayton Act is intended to:

• A) stop a business practice early in use to prevent a firm becoming a monopoly
• B) deal with established monopolies that were expanding their influence
• C) increase the ability of firms to develop monopolies
• D) force higher taxes on monopolies
• E) limit fluctuations in the stock market caused by monopolistic practices

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Definitions:

Endangered Species Act

A U.S. law aimed at protecting species threatened with extinction and their habitats.

Property Rights

Property rights are legal rights to use, control, and dispose of property, whether it's tangible, like real estate, or intangible, like intellectual property.

Habitat

Refers to the natural environment or surroundings where a particular species lives and grows.

Monopolist

An entity that is the sole provider of a particular good or service in the market, facing no competition.