Which consumer protection law was designed to ensure competition in business eliminated illegal mergers
Answer (1)
The Sherman Antitrust Act of 1890 is the primary U.S. consumer protection law designed to ensure competition in business and eliminate illegal mergers and monopolies.The Sherman Antitrust Act prohibits,Monopolistic practices that restrain trade or commerce.Unlawful mergers and acquisitions that significantly reduce market competition.Its goal is to protect consumers by promoting fair competition, preventing price fixing, and avoiding the formation of monopolies that can lead to higher prices or fewer choices.
