Movie producers A, B, and C secretly meet and agree to release their summer blockbuster films in sequence, rather than at the same time. The U. S. Justice Department learns of the agreement and files an antitrust suit. The federal government would most likely file charges under theA. Sherman Act, Section 1.

B. Sherman Act, Section 2.

C. Clayton Act.

D. Federal Trade Commission Act.

Question

Business

Billy Mcbride

19 July, 08:44

Movie producers A, B, and C secretly meet and agree to release their summer blockbuster films in sequence, rather than at the same time. The U. S. Justice Department learns of the agreement and files an antitrust suit. The federal government would most likely file charges under theA. Sherman Act, Section 1.

B. Sherman Act, Section 2.

C. Clayton Act.

D. Federal Trade Commission Act.

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Answers (1)

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Zain Ochoa · Answer 1

Answer: A. Sherman's Act, Section 1

Explanation:

The Sherman Antitrust Act is landmark 1890 U. S. legislation which outlawed trusts - monopolies and cartels - to increase economic competitiveness. As a means to regulate interstate commerce, the law is a broad and sweeping attempt to address the use of trusts as a tool for placing the control of a number of key industries into the hands of a limited number of individuals.

Section 1 of the Act clearly defines and bans specific means of anticompetitive conduct.