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76
Why was the Clayton Act weak?
While courts easily determined whether an action was in violation of the act, they had a hard time deciding whether it lessened competition or promoted monopoly. Reasonable monopoly practices and weak collusion was not susceptible to action.
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Flashcard info:
Author: savhighsmith
Main topic: Economics
Topic: History of Economics
School / Univ.: UGA
City: Athens
Published: 12.10.2010