Question

Congress enacts a statute to outlaw a specific type of anticompetitive business agreement. Like other laws that regulate economic competition, this law is referred to as :

a. a federal trade commission act
b. an antitrust law
c. an interstate commerce act
d. a suppressive restraint on trade

Answer 1

B. Antitrust law

Antitrust laws are passed with the intention of promoting fair business practices and free competition in the market.