Ask Question
BusinessBusiness
18 August, 03:11

What do we call the unreasonable restriction of business activities that results from conspiracy among members of a trade?

+4
Answers (1)
  1. 18 August, 03:16
    0
    The answer is restraint of trade. This means any action which tends to bound trade, sales and transportation in regional commerce or has a considerable impact on interstate commerce. Antitrust law forbids most of these kinds of practices. The central antitrust law is the Sherman Act. This act prevents trusts from making restraints on trade or commerce and reducing competition. In 1890, the Congress approved the Sherman Antitrust Act. The Sherman Act targets to eliminate restraints on trade and competition. States also have laws contrary to restraints of trade that have strictly local impact.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What do we call the unreasonable restriction of business activities that results from conspiracy among members of a trade? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What is the one trait that you have that you believe would be an asset to any employer?
Answers (1)
Some economists say that economic growth involves a trade-off between current generations and future generations. If a current generation raises its saving rate, what does it sacrifice? A. Current consumption. B. Human capital. C. Capital deepening.
Answers (1)
In a flexible exchange rate the exchange rate is determined by
Answers (1)
During the current year, Horace's personal residence is damaged by a tornado. The residence had an adjusted basis of $80,000 before the tornado. The cost of re-pairing the damage is $30,000.
Answers (1)
Carriage Inc., a steel manufacturing company, is planning to buy a new plant. The internal rate of return provided by the new plant is 6%. The cost of capital for Carriage Inc. is 8%.
Answers (1)
New Questions in Business
Silver Trading Corp. recorded a net income of $200,000 for the year 2021. For the same period, the company purchased land for $150,000. It sold some of its long term investments for $50,000 during the period.
Answers (1)
What is the term that refers to a form of wealth that can be stored for the future?
Answers (1)
NewLinePhone Corp. is very risky, with a beta equal to 2.8 and a standard deviation of returns of 32%. The risk-free rate of return is 3% and the return on the market is 11%. NewLinePhone's marginal tax rate is 35%.
Answers (1)
Which of the following is a drawback of setting pay rates based strictly on a pay policy line? A. It increases the administrative burden of managing the compensation system. B. Employees have difficulty interpreting regression analysis. C.
Answers (1)
Long-lived assets are: a) non-operating assets expected to yield their economic benefits (or service potential) over a period longer than one year.
Answers (1)
Home » Business » What do we call the unreasonable restriction of business activities that results from conspiracy among members of a trade?
Sign Up Forgot Password?