FTC
The Sherman Anti-Trust Act spelled it out for all to hear that monopolies and trusts, and attempts at them, were hereby considered illegal. Every contract or conspiracy that was in restraint of trade or interstate commerce was also deemed illegal. The act further mentions that Federal courts are empowered to restrain these companies and give injunctions, as well as, supeona people and records. There is also mention in the act of relief for injured parties. In such a way that they can sue and receive monetary relief for the damages incurred. Lastly, although ambiguous as a whole, the act does directly state that the word "person(s)" can be used as a synonym for corporations/associations. The Federal Trade Commission Act further enacts that all unfair methods of competition in commerce are made illegal. This includes persons, partnerships, or corporations, except banks, and common carriers. In order to prevent these abuses, the FTC can serve cease and desist orders, or go to federal court and seek an injunction. The commission's sole purpose is to investigate into matters of unfair competition and carry through the proper methods for eliminating these practices under the umbrella of powers it holds. This act also states that th
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Some common words found in the essay are:
Anti-Trust Act, Supreme Court, Commission Act, unfair competition, anti-trust act, buy competitors, lessen competition, illegal act, sole purpose, absolute proof, secret deals,
Approximate Word count = 944
Approximate Pages = 4 (250 words per page double spaced)
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