Final answer:
The correct answer is option (d) Sherman Antitrust Act. It indirectly discourages individuals from serving on multiple boards in the same industry to prevent anti-competitive behavior.
Step-by-step explanation:
The correct answer is option (d) Sherman Antitrust Act.
The Sherman Antitrust Act is a federal law that was passed in 1890 to prevent businesses from engaging in monopolistic practices that would suppress competition. The act prohibits certain business activities that are deemed anti-competitive, including agreements that restrain trade and monopolization of markets.
Although the Sherman Antitrust Act does not explicitly address serving as directors on multiple boards in the same industry, it is aimed at promoting competition and preventing anti-competitive practices. Therefore, it indirectly discourages individuals from serving on multiple boards in the same industry, as this could potentially lead to anti-competitive behavior.
Learn more about Sherman Antitrust Act