Which of the four most important antitrust laws was set up primarily a

QUESTION

Which of the four most important antitrust laws was set up primarily as a way to help enforce other antitrust laws? Explain.

What will be an ideal response?

ANSWER

Answer: The Federal Trade Commission Act of 1914 established the Federal Trade Commission, which has the power to define unfair competition and to issue cease and desist orders, which require companies to halt unfair business practices. It does not focus on any specific kind of unfair business practices.
Explanation: The Federal Trade Commission Act has no specific illegal trade practices in mind, as do the other three antitrust laws. Instead, its focus is to define unfair competition and allow cease and desist orders.