Question

which of the following u.s. federal laws were enacted to limit the adverse consequences of oligopolistic cooperation? choose one or more: a. clayton act b. affordable care act c. federal reserve act d. federal trade commission act e. ohio senate bill 215 f. financial institutions reform, recovery, and enforcement act g. sherman antitrust act

Answer 1

The U.S. federal laws enacted to limit oligopolistic cooperation include the Sherman Antitrust Act, the Clayton Antitrust Act, and the Federal Trade Commission Act.

Step-by-step explanation:

Among the U.S. federal laws enacted to limit the adverse consequences of oligopolistic cooperation, the following are relevant:

• Sherman Antitrust Act: Passed in 1890 to prevent anticompetitive practices, this was the nation's first antitrust law.
• Clayton Antitrust Act: Enacted in 1914, this act outlawed mergers and acquisitions that would 'substantially lessen competition', price discrimination, and tied sales.
• Federal Trade Commission Act: Also established in 1914, it created the Federal Trade Commission to define and halt unfair competition.

The Federal Reserve Act, the Affordable Care Act, Ohio Senate Bill 215, and the Financial Institutions Reform, Recovery, and Enforcement Act are not principally concerned with antitrust issues and oligopolistic cooperation. The Sherman Antitrust Act, Clayton Antitrust Act, and Federal Trade Commission Act are the key laws to consider for the purposes of this question.