Promoting Competition

> Acts passed to ensure Competition
-- Sherman Antitrust Act of 1890
: Allows the government to breakup Companies with control of a market
: Prevents Monopolies
~A monopoly is when a single person or industry sells a single product
-- Clayton Antitrust Act of 1914
: passed to amend an clarify that the Sherman Antitrust Act
-- Federal trade Commissions Act of 1915
: Established the Federal Trade Commissions
-- Federal Trade Commissions
: Promotes fair competition
: Prevents False/deceptive advertising